VOL. XLII
No 47
22-November-1999
EGYPT
Marathon Sells Another Concession In Egypt
Calgary-based Centurion Energy announced on 16 November thatit has acquired Marathon Oil痴 60% stake in the El Manzala concession in Egypt,making the Canadian company the 100% owner and operator of the concession. Theagreement awaits government approval. Centurion also announced that it ispreparing to submit a plan for the development of the El Wastani and Abu Monkerdiscoveries in the onshore El Manzala concession,...
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