NO. 15



TPIC Discovers Oil And Gas At West Jabal Al-Zeit

The Turkish Petroleum Corporation's affiliate, Turkish PetroleumInternational Company (TPIC), has made an oil and gas discovery in the WestJabal al-Zeit tract in Egypt's Eastern Desert west of the Gulf of Suez. Thediscovery well encountered two pay zones at a depth of around 10,000 ft. Onezone, about 70 ft. thick, tested at a rate of 3,250 b/d of 36ΓΈ API oil and 5mncu. ft./day of gas, and the other, about 26...