Middle East Economic Survey

VOL. L

No 26

25-June-2007

EGYPT

Apache Spuds Exploration Well ERB-A-1X In The Gulf Of Suez

Apache spudded exploration well ERB-A-1X on the East Ras Budran concession in Egypt on 15 June, according to partner Regal Petroleum. Regal holds a 25% interest in the concession, which covers 521 sq km in the western Sinai Peninsula near the Gulf of Suez, with operator Apache holding the balance (MEES, 16 October 2006). The ERB-A-1X well is one of two to be drilled in 2007 as part...