LL&E Acquires 17% Stake in Crescent/British Gas Block No. 9
LL&E Yemen Ltd., a wholly-owned subsidiary of the US Louisiana Land andExploration Company, has acquired a 17% interest with Crescent Petroleum(Shabwa) Ltd. and British Gas in the production- sharing agreement coveringBlock No. 9 (the Al-Hajar Block) in the Shabwa basin of central Yemen (for mapand other details, see MEES, 22 June). Block No. 9 covers about 1.2mn acres andis situated less...