VOL. XLI

No. 01

5-January-1998

MOROCCO

Morocco's Onarep Signs Seismic Exploration Deal With UK's Enterprise Oil

Morocco's Office National de Recherche et d'Exploitation Petroliere (Onarep) has signeda seismic exploration contract with Enterprise Oil Exploration Ltd. of the UK Theagreement, worth $2mn, covers a 12-month period during which Enterprise will conduct aseismic survey of a 12,400-sq. km. offshore area in the Atlantic near the southwest coastof Cape Draa. Since December 1996, Morocco...