Ocean Energy Reports Progress In West Abu Gharadiq
Ocean Energy Inc. (OEI) reported in its third quarterresults that the Raml-SW2 well in the West Abu Gharadiq concession wassuccessfully drilled and is on production at an initial rate of 2,500 b/d ofcrude oil. The company added that it intends to drill two additional wells byyear end. The concession is located about 400 kms. west of Cairo in the WesternDesert. OEI also reported that production resumed in late...