No. 55



Apache Makes Modest But Significant Oil Discovery In Qarun Permit

Apache Corporation of Houston has made a modest but significant oil discovery in the 7,800-sq. km. Qarun concession in Egypt's Western Desert. The find is significant on two counts: it is the first discovery in the southern part of the Qarun concession, and is located about a mile (1.6 kms.) north of the 27,600-sq. km. East Beni Suef concession. Both concessions are held by Apache and...