Middle East Economic Survey
VOL. LIII
No 8
22-Feb-2010
EGYPT
North Shadwan Well Finds Oil, Development On Track, Says Beach Energy
Australias Beach Energy announced on 15 February that the NS377-5 well on the North Shadwan concession in the Gulf of Suez was drilled to a total depth of 2,909ms and intersected a gross oil column of 107ms in the Miocene sandstone Kareem Formation. The well was drilled as an extended reach deviated well from an onshore location, which will enable rapid...
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