Middle East Economic Survey

VOL. XLVIII

No 15

11-April-2005

EGYPT

Tanganyika Announces Results From Hoshia-1 Exploration Well

Canadas Tanganyika Oil Company on 5 April announced test results for its second exploration well, Hoshia-1, reporting that the well flowed with a beam pump approximately 500 b/d of 16.5 API crude from 28ft of perforations between 4,035ft and 4,068ft. The well was spudded on 16 January and finished on 6 February, reaching a total depth of 5,941ft, and penetrating 32ft of oil...