VOL. XLI
No. 32
10-August-1998
EGYPT
Novus Petroleum Reports Two Unsuccessful Wells In Egypt
Australia's Novus Petroleum, which last June announced the purchase of SamsungCorporation's interests in five concessions in Egypt's Western Desert (MEES, 22June), has reported the results of two unsuccessful wells drilled by it and its partnersin two of these concessions, namely Ras al-Hikma and Khalda Offset. Ras al-Hikma is held36.36% by Kufpec, 31.82% by Repsol (operator), 25.46% by Apache and 6.36%...
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