VOL. XXXVI

NO. 8

23-NOVEMBER-1992

ALGERIA

Sonatrach Signs Exploration Contract with Western Consortium

Algeria's state-owned Sonatrach and a consortium led by Wascana ExplorationAlgerie Limited, a wholly-owned subsidiary of Canada's Saskoil, on 17 Novembersigned a five- year, $34mn contract for oil and gas exploration in the HassiDzabat block. Wascana holds a 25% share in the consortium, while three otherforeign firms - Hardy Oil and Gas of the UK, Oryx Energy Company of the US andRanger Oil of...