Apache Acquires Mobils Interests In Three Western DesertConcessions
Apache and Mobil have concluded an agreementproviding for the purchase by Apache of Mobils interests in three exploration concessionsin Egypts Western Desert (see map). The agreement became effective 16 January with theapproval of the Egyptian Government. The financial terms of the deal have not beendisclosed. Under the agreement, Apache acquired Mobils 50% contractor interest in the5,600-sq....