VOL.XXXVI

NO.16

18-JANUARY-1993

LIBYA

IPC Reports Seismic Survey in Libya

The Vancouver-based International Petroleum Corporation (IPC) has announcedthat the processing of a 500-km seismic survey of block NC176 is well underway.IPC maintains a 100% working interest in the onshore block. The Canadian firmsaid its next well would test a pinnacle reef prospect, but the starting datewould depend upon the progress of seismic processing and interpretation. IPCsuggested that this would be in the second...