VOL. XXXVI
NO. 25
22-MARCH-1993
OMAN
IPC Formalizes Loan Facility for Bukha Field Development
The Vancouver-based International Petroleum Corporation (IPC) announced on 18March that its wholly-owned subsidiary, International Petroleum Bukha Ltd (IPBL)- operator of the offshore Bukha gas/condensate field in northern Oman - hassigned the final documentation for a $26.5mn loan facility to complete thefunding of its share of the development costs relating to the field. Thefacility has been arranged by...
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