VOL. XXXVIII

NO. 24

13-MARCH-1995

Libya

IPC Initiates Drilling Program In Block NC-176

The Vancouver-based International Petroleum Corporation (IPC) has announcedthat its wholly-owned subsidiary, International Petroleum Libya Limited (IPLL),has initiated a program to drill the first well on Block NC-176 on its acreagein Libya. IPLL plans to rent a rig this month and spud the well in May, withdrilling and testing operations expected to take approximately six weeks. Thewell will be drilled to an...