A Third Canadian Firm Joins Petrofina in Libyan Acreage
PanCanadian Petroleum signed on 1 February a farm-in agreement with FinaExploration Libya BV, a subsidiary of Belgium's Petrofina, for a 15% interest inBlocks NC 170, NC 171 and NC 172 - covering a total area of 15,736 sq. kms. - inthe central and southern Sirte Basin and south of the Zueitina terminal. Theagreement is subject to the approval of the Libyan Government. Last September,Petrofina signed...