VOL. XL

No. 27

7-July-1997

EGYPT

BG Makes First Gas Discovery In North Sinai Permit

BG Exploration and Production (BG E&P) announced on 1 July the successful testingof the first exploration gas discovery well drilled in the 6,500-sq. km. North Sinaioffshore concession area in the Eastern Mediterranean Basin, northeast of Port Said. Thediscovery well - Je80-1 - tested in excess of 25mn cubic feet daily (cfd) of gas from onlya small portion of the pay section. The natural gas was of a very...