IPC Signs EPSA Covering Block 5A In South Sudan
The Vancouver-based International Petroleum Corporation (IPC) announced on 6 February that its wholly-owned subsidiary, IPC Sudan Ltd., had signed an Exploration and Production Sharing Agreement (EPSA) with the Government of the Sudan covering Block No. 5A. This comprises a 29,142-sq.km. tract previously operated by Chevron of the US and located next to the Unity and Heglig fields which are being developed by a...