The disinvestments campaign waged by the Churches and the NGO’s in Canada against Talisman continues to have positive results. This campaign was started because oil exploitation in Sudan leads to scorched-earth warfare. Since February Talisman has been buying back its own shares for a total amount of Can $ 153 millions, at an average cost of Can $ 49,22 a share. The aim of the exercise was to boost up the value of the shares, but it fell short of the result expected, since the share ought to be over Can $ 80 according to experts.

Further ethnic cleansing to be feared: Sudan signs new oil exploration deals. A new oil-producing consortium has been founded in Sudan. It is said to be made up of the following companies: Sudapest (Sudan 8%), Golf Oil (46%), Chinese National Corporation, (China, 23%) and one society from the United Arab Emirates whose name has not been made public yet, and which could detain 23% of the shares. Other sources of information replaced U.A.E. company by Al Than, a Sudanese company. All the sources of information agree that this consortium will carry out oil exploration in a concession area of 72 square kilometres East of the White Nile. A few speak in vague terms of an area south of Rabak (a town in the south of Northern Sudan). A few others point to a region in the east of the Upper Nile State, that is to say in Southern Sudan. Others still place the new petrol fields to be exploited at Malut in Southern Sudan.