EGYPT

Khalda Petroleum Makes Three New Discoveries in Western Desert Concession

Khalda Petroleum, owned 50% by the Egyptian General Petroleum Corporation and 50% by Texas International and Conoco (operator), has made three new discoveries in the Khalda concession in Egypt's Western Desert, MEES is informed. Two discoveries were made in the western part of the concession at Amoun and Yasir at depths of 13,000 ft. and 9,000 ft. respectively, and the third in the eastern part of the...