VOL. XXXVIII

NO. 15

9-JANUARY-1995

Egypt

Khalda Petroleum Makes Significant Gas Discovery In Western Desert

Khalda Petroleum 50% Egyptian General Petroleum Corporation (EGPC), 25%Repsol (operator), 20% Phoenix Resources and 5% Samsung has made a significantgas discovery in the Khalda permit in Egypt's Western Desert. The discoverywell, Shams-1XA, a re-entry of an older well, was deepened to 13,500 ft. andencountered gas-bearing Ras Qattara sandstone of Jurassic age. During initialtests late last...