Area Drilling

CubaRepsol YPF, Madrid, signed an agreement with Comercial Cupet for six blocks off the island's north coast.Covered are blocks N25, N26, N27, N28, N29, and N36, with a total area of 10,700 sq km (see map, OGJ, Dec. 11, 2000, p. 42).IranEdison SpA unit Edison Gas acquired exploration rights for the 3,200 sq km Munir block in Khuzestan under an agreement with National Iranian Oil Co.Edison Gas, which will operate the block, said its initial research revealed high potential.YukonYukon launched a call for bids for oil and gas exploration in the Eagle Plain area through Mar. 14.Minimum work proposal for the 6-year term is $1 million/tract.One exploratory or appraisal well is required by t...

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