Middle East Economic Survey
VOL. LII
No 19
11-May-2009
EGYPT/KUWAIT
Kuwait Energy Company Reports Second Egyptian Oil Discovery
Kuwait Energy Company (KEC) announced an oil discovery last week at Shukhair NW license (Area A) in Egypts Eastern Desert, one of a number of producing and exploration licenses that the independent Kuwait firm bought from Australias Oil Search last year. KEC said the discovery had a production rate of 2,200 b/d on test and estimated reserves of 11mn barrels of oil, and...
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