VOL. XXXVIII

NO. 26

27-MARCH-1995

Egypt

IEOC Makes NewGas Discovery In Offshore Wakar Field

The ENI/Agipsubsidiary International Egyptian Oil Company (IEOC) has made a new gasdiscovery in the offshore Wakar field in the Mediterranean north of Port Said.According to Egyptian Oil Minister Hamdi al-Banbi, the discovery well tested ata rate of 32mn cu. ft./day of gas and 1,900 b/d of condensate from a 20-m.(65-ft.) pay zone at a depth of about 4,000 ms. (13,000 ft.). The discoverygains added...