VOL. XLI

No. 35

31-August-1998

EGYPT

Novus Reports Spudding Of Two Wells In Egypt's Western Desert

Novus Petroleum of Australia has reported the spudding of two wells in the Ras Kanayesand Khalda Offset concessions in Egypt's Western Desert. Novus has a 6.36% interest in theRas Kanayes concession with partners Repsol (operator, 31.82%), Apache (25.46%) and Kufpec(36.36%). In the Khalda Offset concession, Novus has a 10% interest with partners Repsol(operator, 50%) and Apache (40%). The Ras...