VOL. XXXVII

NO.6

8-NOVEMBER-1993

Yemen

Exxon Acquires Sun Company's Yemen Block No. 1

MEES learns that Exxon Corporation of the US has acquired the 2,182 sq.-km.Block No. 1 (the Amakeen Block) in the Shabwa area (for map, see MEES, 25October) from Sun Company Inc. of the US. It is understood that Exxon willcontinue to carry out Sun's exploration commitment for the first phase asstipulated in the production sharing agreement. This provides for the drillingof five wells and the carrying out of 892...