VOL. XXXIX
No. 49
2-September-1996
EGYPT
IEOC-Marathon Make New Discovery In Suez Gulf
The Agip subsidiary International Egyptian Oil Company (IEOC) and Marathon Petroleum have found a new oilfield in their offshore Ashrafi concession in the southern part of the Gulf of Suez. The discovery well, Ashrafi SW-1X, located about 1.6 kms. southwest of the Ashrafi field in 29 ft. of water, tested a separate fault block. It encountered hydrocarbons in the Cretaceous Nubia sandstone and the...
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