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Apache Announces Two DrillingSuccesses In Egypt

Apache Corporation announced on 4January its first wildcat discovery of the year with a successful test of the firstof three zones in the Ozoris-1X well in the Khalda concession in EgyptsWestern Desert. The zone flowed 2,504 b/d of 38.5º API oil and 750,000 cuft/day of gas on a 1in choke with 161psi of flowing pressure. Apache Presidentand Chief Operating Officer Steven Farris said that this is a significant...