NO. 27



Khalda Petroleum Spudds Tarek-2 Appraisal Well

Khalda Petroleum has spudded the Tarek-2 appraisal well in its concessionarea in Egypt's Western Desert to test the gas potential of the Jurassic inwhich many of the gas discoveries in the area have been made. The earlierTarek-1 well was drilled in 1987 to a total depth of 13,052 ft. It yielded 25mncu. ft./d of gas and 3,156 b/d of 52 API condensate from the Alam al-Bueibformation in the Cretaceous. The discovery...