VOL. XL

No. 28

14-July-1997

EGYPT

Khalda Petroleum Makes Two Oil Discoveries

Khalda Petroleum - the joint venture owned 50% by the Egyptian General PetroleumCorporation (EGPC), 25% by Repsol (operator), 20% by Apache Corporation and 5% by Samsung- has completed two oil discoveries in the Khalda concession in Egypt's Western Desert.The two discovery wells, Kenz-5X and Kenz-6, tested at a combined rate of 9,205 b/d,establishing the first oil production from the Kenz field (formerly Salam South...