Middle East Economic Survey

VOL. XLVIII

No 30

25-July-2005

Egypt

Tanganyika Announces Results From Hoshia-2 Appraisal Well In Egypt

Canadas Tanganyika Oil Company on 15 July announced test results for its first appraisal well, Hoshia-2, which was drilled to a total depth of 7,100ft. Hoshia-2 was drilled updip of the Hoshia-1 discovery well and is being completed for testing. Preparations are under way to drill the first development well, Hoshia-3. A rig has been mobilized to the site and is 80%...