VOL. XL

No. 33

18-August-1997

JORDAN

Benton Oil And Gas To Acquire E&P Rights To Jordan Acreage

Benton Oil and Gas, a California-based independent oil and gas company, announced on 11August that it has signed a letter of intent with Medallion-Huber Jordan Inc. pursuant towhich it will acquire the rights to the production sharing agreement (PSA) covering the4,827-sq. km. Sirhan block in southeastern Jordan. This block was awarded last March bythe Jordan Natural Resources Authority (NRA) to...