VOL. XL

No. 39

29-September-1997

EGYPT

Seagull/Apache Make Significant Discovery In East Beni Suef Permit

Partners Seagull Energy Corporation and Apache Corporation, both of Houston, have madea significant oil discovery in the little explored East Beni Suef concession south ofCairo in Upper Egypt (see map in item below). Concession operator Seagull, with 50%holding (the remaining 50% is held by Apache), said on 22 September that its firstexploratory well - East Beni Suef 1X - in the 6.8mn acre...