VOL. XL

No. 28

14-July-1997

YEMEN

Canada's Kappa Energy Prepares To Drill In Shabwa Block No. 2

The Canadian Calgary-based Kappa Energy Company Inc. - which holds a 60% interest andis operator of Yemen's Shabwa Block No. 2 (the 2,957 sq.-km. al-Maber block, for locationand map, see MEES, 3 February) together with the Sharjah-based Crescent PetroleumYemen (20%) and the Japanese firms Inpex and Nissho Iwai (10%) each - announced on 7 Julythat it has received all regulatory and partner approvals...