VOL. XLI

No. 34

24-August-1998

LIBYA

Lundin Oil Completes First Appraisal Well In En Naga North Field

Lundin Oil AB of Sweden announced on 14 August that its partner, Vancouver-based RedSea Oil Corp. (RSO), had completed the first appraisal well in Libya's En Naga North fieldlocated in block NC-177. A company statement said the well reached a total depth of 8,500ft. and that it was completed ahead of schedule and below budget. "Production testingwas not considered necessary and the well has...