VOL. XLI
No. 25
22-June-1998
EGYPT
Novus Petroleum Purchases Samsung's Oil/Gas Interests In Egypt
Australia's Novus Petroleum announced in Sydney on 4 June it has purchasedjoint-venture interests in five concessions in Egypt's Western Desert from SamsungCorporation of South Korea. The five properties include existing oil and gas production,oil and gas fields under development, a major gas trunkline under construction which willconnect into the Egyptian national gas grid, and exploration...
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