Middle East Economic Survey


No 24



Chiles Sipetrol Makes Fourth Oil Discovery In Western Desert

Sipetrol International, a subsidiary of Chiles national oil company Enap, on 27 May announced its fourth oil discovery in the El Diyur block in the Western Desert. Sipetrol said its ED-2X exploratory well showed reserves of 26API crude with production of 1,000 b/d at a depth of 2,567ms. The company said that it plans to drill two more exploratory wells in the El Diyur block...