VOL. XXXVII

NO. 26

28-MARCH-1994

Yemen

Coplex Resources Reduces Stake In Yemen's Block No. 10

Australia's Coplex Resources has reduced its equity interest in Yemen'sEast Shabwa Block No. 10 by selling 20% of its 45% holding in Complex PetroleumHoldings Inc. to its fellow Australian company Nomeco for $2.6mn. ComplexPetroleum was set up in November last year for the purchase of Pecten Yemen's28.75% interest in the block (MEES, 29 November 1993) as a joint venturecomprising Coplex, Command Petroleum...