VOL. XXXVII

NO. 26

28-MARCH-1994

Algeria

Anadarko To Spend $37Mn On Algerian Exploration In 1994

Anadarko Petroleum Corporation of the US announced on 23 March that it willspend about 10% of its 1994 budget of $370mn in Algeria, where it recently madea significant oil and gas discovery, its third over the course of a year (MEES,28 February). Anadarko Chief Executive Officer Robert Allison said that thecompany is drilling two more exploration wells in the Hassi Berkine (HBN) fieldin Block 404 and...