ARGENTINA'S EXPLORATION LICENSING ROUND COVERS 145 TRACTS IN 15 BASINS

Martin Keeley, Malcolm Light Intera Information Technologies Inc. Henley-on-Thames, U.K. Stanley Hogg Cullen, Valdez Rojas y Asociados Buenos Aires Carlos Urien Urien & Associates Buenos Aires The announcement last fall by Pres. Carlos Menem of a new exploration licensing round, known as the Plan Argentina, triggered an unprecedented wave of interest in the opportunities. Argentina is a vast under-explored country with an area of more than 1 million sq miles.

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