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EGPC Announces Three Gas Discoveries

The Egyptian General Petroleum Corporation (EGPC) has announced three newnatural gas discoveries. One find was made by the Agip subsidiary IEOC with theal-Qar'a NW-1 well in the West Abu Madi permit. The joint venture is Nidcocomprising the EGPC, IEOC (operator), Amoco and Marathon. The well tested at arate of 30mn cu. ft./day of gas and 200 b/d of condensate from a 67-ft. pay zoneabout 1 km. off the northern Nile Delta...