No. 28



Conoco Receives Letter Of Intent For Dair Al-Zur Associated Gas Project

Conoco has received a letter of intent from Syria for a contract to develop theassociated gas reserves of the Dair al-Zur area in eastern Syria. Conoco's competitors inthe bidding for the project are Shell and Coastal. All three companies were requested tosubmit revised offers a number of times since the original invitation of bids last year (MEES,3 June 1996 and 24 February). There are...