VOL. XXXV

NO. 32

11-MAY-1992

Egypt

New Oil/Gas Discoveries

A number of new oil and gas discoveries have recently been made in Egypt.These include:

- Gupco (EGPC-Amoco) has discovered oil with its J-7A wildcat in the Octoberfield in the Gulf of Suez. The well, which was taken down to a depth of 12,755ft., tested at a rate of 11,500 b/d of 27.8 API crude oil from the Aslsandstone formation.

- The group headed by Arco and comprising Phillips and Home Oil hasdiscovered gas near Dasuq town in the Kafr...