Kerr-McGee Corp., Oklahoma City, sold its interests in Kazakhstan to Shell for $165 million. The assets include 50% interest in the Arman producing field, 100% interest in the Mertvyi Kultuk exploratory area and a 1.75% working interest in the Caspian Pipeline consortium. During the fourth quarter of 2002, Kerr-McGee's net daily production from the Kazakhstan properties was approximately 2,500 bbl. of oil. PetroChina International Ltd. and Petronas Carigali Ltd. plan to buy Amerada Hess Corp.'s (NYSE: AHC) 30% interest in the Jabung natural gas block in Sumatra for $164 million cash, including working capital. Pan-Ocean Energy Corp. Ltd., St. Helier, Jersey, U.K., plans to acquire the minority interest in PAE PanAfrican Energy Corp. Ltd. from The AIG African Infrastructure Fund LLC and RMB Resources (Cayman) Ltd. for approximately US$30.8 million, consisting of $17.5 million in cash, 500,000 shares and a US$11.5 million note, bringing its interest to 100%. Production averaged approximately 4,980 bbl. of oil per day in 2002. -Crystal Cleveland Ernest L. (Chick) Williamson, the former chairman and chief executive officer of The Louisiana Land & Exploration Co., which merged with Burlington Resources in 1997, passed away March 31, 2003. Norman G. Cohen, a director of GulfMark Offshore Inc., Houston, and its predecessor companies since 1972, passed away in Palm Beach Gardens, Fla. Cohen was also a retired vice president of Amerada Hess Corp. The 24-page "Special Report: Russia" section in Oil and Gas Investor's April 2003 issue was prepared by Global Business Reports, London. The principal writer was Gilles Valentin.
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