VOL. XL
No. 39
29-September-1997
EGYPT
Seagull Acquires BG's 30% Interest In W. Abu Al-Gharadiq Concession
The Houston-based Seagull Energy Corporation announced on 25 September that it hadentered into an agreement with a subsidiary of British Gas plc (namely, BG Exploration andProduction) to purchase its 30% non-operating working interest in the 3.5mn acre West Abual-Gharadiq concession, located about 400 kms. west of Cairo in Egypt's Western Desert(see map below). The agreement between...
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