INDUSTRY BRIEFS

Arakis Energy Corp., Vancouver, B.C., and joint venture partner State Petroleum Corp. signed a 25 year production sharing agreement covering a 12.2 million acre oil block with an option for another 30 million acres in Central Sudan. A $1 million signing bonus will be paid by the end of September to the government of Sudan. Phase 1 development calls for oil production of 25,000 b/d from Heglig field by December 1995 to supply a refinery at Muglad. Marathon Oil U.K. Ltd.

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