VOL. XXXVII

NO.4

25-OCTOBER-1993

Oman

American Exploration Forms Joint Venture For Oman Exploration Well

The Houston-based American Exploration Company (AEC) has announced that twoindependent oil and gas companies - Arakis Energy Corporation of Vancouver andAegis Energy Inc. of Lafayette - have signed letters of intent to participate ina joint venture for the drilling of an exploratory well (Jebel Aswad No. 1) inBlock No. 15 in southwestern Oman. Under the proposed joint venture agreement,which is...