NO. 49



Shell Gas Discovery in Matruh Permit

MEES understands that Shell's recent gas discovery in the Matruh onshore permit in Egypt's Western Desert has tested at a rate of10.7mn cu.ft./day of gas and 800 b/d of condensates. The discovery well islocated about 60 kms. south of Matruh city and some 10 kms. from the Tariq fielddiscovered by Khalda Petroleum in 1987. The Matruh permit, granted to ShellWinning and Shell Austria in 1989 (effective date 29 September...