Sonatrach Signs Deal for Block 20 in Mali

Sonatrach has been awarded an exploration concession for Block 20 in the Taoudenni Basin in Mali. Sinpex, Sonatrach's international exploration subsidiary, is committed to an initial four-year exploration term and to invest approximately $11.6 million. Block 20 covers an area of approximately 118,000 square kilometers along the Mali / Algerian border.