VOL. XL

No. 11

17-March-1997

SUDAN

Petronas Acquires 30% Interest in IPC's Block 5A In SouthernSudan

The Vancouver-based International Petroleum Corporation (IPC)announced on 11 March that Malaysia's Petronas Carigali Overseas Sudan Bhd had agreed toacquire a 30% interest in the Exploration and Production Sharing Agreement (EPSA) coveringBlock 5A in southern Sudan as of 6 February 1997. IPC is the operator of the joint venturecovering the block under the EPSA signed with the Sudan Government...