VOL. XLI

No. 09

2-March-1998

YEMEN

Transglobe To Farm Out A Working Interest To Vintage Petroleum In Damis Block S-1

Canada's Transglobe Energy Corporation, which signed in late 1997 a production sharingagreement with the Yemeni Ministry of Petroleum and Mineral Resources covering the 4,507sq.-km. Damis block No. S-1 in the Shabwa region of central Yemen (MEES, 1September 1997 and 23 February 1998), has announced that it has completed a farm-outagreement for the block with Vintage Petroleum...