VOL. XL
No.24
16-June-1997
EGYPT
Seagull Completes Delineation Well In South Hurghada Permit
Seagull Energy Corporation announced in Houston on 10 June thecompletion of a successful delineation well in its 100% owned South Hurghada permit on theEgyptian mainland opposite the southern end of the Gulf of Suez. Seagull purchased the63,000-acre (255-sq. km.) South Hurghada permit and the nearby offshore East Zeit permitin the Gulf of Suez from Esso last September for $74mn (MEES, 23 September...
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