VOL. XXXVII

NO. 17

24-JANUARY-1994

Algeria

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...