Forest-Anschutz work to turn good geology, connections into South African business

Click here to enlarge imageOperations off western South Africa took a positive turn at mid-November with good results from an exploratory test in the Orange River basin.Overseas affiliates of Forest Oil Corp. and Anschutz Corp. tested a strong flow of gas and condensate from the first of four planned exploratory wells on the Ibhubezi (Zulu word for lion) prospect on Block 2.Forest's tentative timetable doesn't call for a declaration of commerciality, if warranted by drilling all four wells in the present program, until the fall of 2001, but if successful the project could have far-reaching benefits for South Africa and the companies.Forest, operator, and Anschutz cemented the re...

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