VOL. XL

No. 46

17-November-1997

LIBYA

Lasmo Plans To Drill Two Exploration Wells In Block NC-174 Before Year End

The UK firm Lasmo plans to carry out an appraisal program and drill two more exploratory wells in block NC-174 in the Murzuk Basin before year end. The decision follows the successful drilling last month of well F1-NC-174 to test the Elephant prospect, which encountered a substantial column of oil in a large geological structure. The plan first calls for the drilling of an...