NO. 38



Shell Strikes Oil In Sitra Permit

Bapetco (EGPC-Shell) has struck oil with its Sitra-8 well in the Sitra permitnear the company's Badr al-Din concession in Egypt's Western Desert. The well,which encountered four pay zones in the Abu Roash formation at a depth of about9,500 ft., reportedly tested at a rate of 4,650 b/d of 39 API crude oil and1.5mn cu. ft./day of associated gas. According to an Egyptian oil official, thewell can be put into production almost...