VOL. XXXIX

No. 29

15-April-1996

EGYPT

Amoco Makes New Oil Discovery In East Tanka Marine Concession

On 8 April, Amoco Egypt announced that it has made a new oil discovery in the East Tanka Marine concession in the Gulf of Suez. The new discovery, the East Tanka-3 well, the second in this concession within the last three months, encountered 56 ft. of net oil pay in the Miocene Asl formation between 8,592 and 8,680 ft. Testing of this zone yielded a flow rate of 4,884 b/d of 31ー API crude...