Sonatrach Concludes E&P Deal With Petro-Canada
Algeria's Sonatrach has concluded a new exploration and production contractwith the Canadian firm Petro-Canada. The contract, signed in Algiers on 26April, covers the 8,195-sq. km. Tinrhert tract in the Illizi Basin some 600 kms.south of the Hassi Messaoud oilfield. The acreage in question embraces blocksNos. 223A, 234A, 239, 240A and 244A in District 2. Two oil discoveries in thisregion were recently made by...