No. 16



New Gas Discovery For IEOC In East Delta Concession

A consortium comprising the Agip subsidiary International Egyptian Oil Company (IEOC), Elf, Repsol and Total has made a new gas discovery in the East Delta concession in the eastern part of Egypt's Nile Delta. The discovery well, located at Batra village north of al-Mansura, tested at a rate of 32mn cubic feet daily (cfd) of gas and 400 b/d of condensate from a sandstone formation at a depth of...