VOL.XXXIXNo.65/66

23/30-December-1996SUDAN

ArakisEnergy Appoints UK Financial Adviser Arakis Energy of Calgary, which through its wholly-ownedsubsidiary, State Petroleum Company (SPC) operates and explores the Unityand Heglig fields in Central Sudan, has appointed the UK firm RobertFleming and Company Ltd.as financial adviser for its projected $1bn oil venture.Arakis in early December announced that it had formed a consortium,subject to the implementation of formal agreements, toproceed...