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ATC Atlantic Coal

0.09
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Atlantic Coal LSE:ATC London Ordinary Share GB00B142G994 ORD 0.07P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.09 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Atlantic Richfield - Acquisition of Interest

07/10/1998 8:35am

UK Regulatory


RNS No 9958e
ATLANTIC RICHFIELD COMPANY
6th October 1998

        ARCO Increases Its Interest in Dubai's Margham Field

LOS ANGELES, Oct. 6 --- ARCO Dubai Inc. has acquired Gulfstream
Resources Canada Limited's 25% beneficial interest in the Margham field of
Dubai, effective as of September 30, 1998.  This acquisition brings ARCO's
interest in the Margham field to 100%.

ARCO and Gulfstream are also entering into a cost-sharing agreement for the
upstream development of a Qatar natural gas project, subject to the satisfaction
of certain conditions including the execution of a satisfactory gas sales
agreement with a third-party buyer.

ARCO Dubai is a wholly-owned subsidiary of ARCO (NYSE: ARC).

NOTE TO EDITORS:  For a menu of ARCO's news releases or to retrieve a specific
release, visit the site at http://www/arco.com on the World Wide Web.

Contact: Tom Goff of ARCO Media Relations 213 486 3384

END

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