VOL. XXXVIII

NO. 46

14-AUGUST-1995

Egypt

Gupco MakesSubstantial Oil Discovery In Suez Gulf

Gupco (EGPC-Amoco)has made a substantial new oil discovery in the Gulf of Suez. The well, drilledin a structure 3 kms. south of the Badri field, tested at a rate of 8,700 b/d.It is one of a number of exploratory wells which the company is drilling in theGulf of Suez this year.