VOL. XL

No. 29

21-July-1997

SUDAN

Arakis Energy Revises Upwards Reserves Of Sudan's Unity And Heglig Blocks

Canada's Arakis Energy Corporation has revised upwards by 100mn barrels the provenrecoverable reserves of its Sudan concession covering the Unity and Heglig blocks. Thereevaluation was undertaken by Sproule and Associates Ltd. in mid-1997. Through its whollyowned subsidiary State Petroleum Corporation (SPC), Arakis holds a 25% interest in aconsortium formed last November with the China...