VOL. XXXVIII
NO. 40
3-JULY-1995
Egypt
IEOC/Amoco Make Third Gas Discovery In Offshore Baltim Permit
The ENI/Agip subsidiary International Egyptian Oil Company (IEOC) and Amocohave made a third gas discovery in the offshore Baltim permit north of Egypt'sNile Delta. Egyptian Oil Minister Hamdi al-Banbi said on 26 June that thediscovery well, South Baltim Marine No. 1, which was taken down to a depth of3,760 ms. (12,337 ft.), encountered a 15-m. (49-ft.) pay zone at a depth of3,435 ms. (11,270 ft.)....
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