Middle East Economic Survey

VOL. XLVIII

No 33

15-August-2005

EGYPT

Centurions Egyptian Output Reaches 25,000 BOE/D

Canadas Centurion Energy International on 27 July reported that crude production in Egypt had reached 25,320 boe/d. The company has drilled 10 wells during its 2004-05 drilling program with 100% success, Centurion said. A crude production target of 45,000 boe/d has been set for 2005. The company said the El-Wastani-5 well would be spudded in early August and that the lease for this...