NO. 28



Esso DiscoversOil In South Hurghada Permit

According to Cairopress reports, Esso has made an oil discovery in the onshore South Hurghadapermit on the west coast of the Gulf of Suez. On preliminary tests, thediscovery well flowed at a rate of 1,030 b/d of 30ø API crude oil from 50 ft.of pay in Nukhul sandstone. The 480-sq. km. permit was awarded to Esso in 1992(MEES, 1 June 1992) after a two-year delay on account of the environmentalconcerns of the growing...