BP To Drill Exploration Well In Algeria's Tellien Atlas Region
British Petroleum (BP) has announced plans to drill its first exploratorywell in the Tellien Atlas mountains during 1994. BP Exploration acquired anine-year lease on Blocks 104a, 119a, 137a, 138a and 139a in February of lastyear as part of a production sharing agreement with Sonatrach. The blocks are innorthern Algeria, close to Sour El-Ghozlane. Under the agreement, BP is toinvest some $45mn...