VOL. XXXIX

No. 46

12-August-1996

EGYPT

Khalda Petroleum Makes New Oil And Gas Discovery

Khalda Petroleum Company - the joint venture owned 50% by the Egyptian General Petroleum Corporation (EGPC), 25% by Repsol (operator), 20% by Apache and 5% by Samsung - has made a new oil and gas discovery in the Khalda concession in Egypt's Western Desert. The discovery well, Shams NE-1, tested at a combined rate of 40mn cubic feet daily (cfd) of gas and 1,177 b/d of condensate. The discovery...