VOL. XXXVII

NO. 31

2-MAY-1994

Qatar

Gulfstream Resources Raises Its Stake In Qatar Offshore Blocks

Toronto-based Gulfstream Resources Canada Ltd. announced on 26 April that ithas increased its stake in a production sharing agreement covering two offshoreblocks in Qatari territorial waters from 33.85% to 68.85% by the acquisition ofa 35% interest from one of its partners in the blocks, Wintershall AG. InJanuary 1993 Gulfstream purchased the whole of Veba Oel's 18.5% participatinginterest in the...