VOL.XXXVI

NO.16

18-JANUARY-1993

UAE

IPC to Resume Drilling in Onshore Ras al-Khaimah

The Ras al-Khaimah Government has advised International Petroleum Corporation(IPC) which has a 45.15% working interest in a 2,074 sq. kms. onshore concessionin the north of Ras al-Khaimah, that it can resume drilling operations in theconcession after a three-year hiatus resulting from a border dispute with theneighboring emirate of Umm al- Quwain. According to an IPC press statement,final clearance to proceed with...