NEWS IN BRIEF: LIBYA

01 November 1996
MEED SPECIAL REPORT OIL & GAS

Bula Resources of Ireland announced in August it had agreed to take three exploration blocks in joint venture with a Canadian company. The name of the Canadian partner has not been disclosed and Arakis Energy Corporation, PanCanadian Petroleum and Petro-Canada have said they were not involved (MEED 23:8:96).

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