VOL. XLII

No. 37

13-September-1999

EGYPT

Khalda Crude Oil Production Averaged 40,000 B/D In August

Crude oil production from the Khalda concession in Egypt痴western desert averaged 40,000 b/d in August, up from 31,500 b/d in August 1998and surpassing Khalda Petroleum Company痴 (KPC) production target for 1999,according to a recent statement by Novus of Australia. A peak production of42,129 b/d was achieved on 25 August. The increase in production is primarilydue to Khalda痴 "Oil Production...