HUNT TO EXPLORE BLOCK IN SOUTHERN LAOS

The Laotian government and Laos Hunt Oil Co. have signed a production sharing contract covering 6.4 million acres in the southern part of Laos. The agreement provides for an initial 2 year exploration term with options for four more 2 year terms. Laos Hunt, a subsidiary of Hunt Oil Co., Dallas, will conduct geological and geophysical studies in the first 2 years of operations and acquire at least 500 line km of seismic data during the second 2 years. The company will drill an unspecified number

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