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Egypt Western Desert concession gets fourth find

Kuwait Energy PLC reported its fourth discovery on the Abu Sennan concession in Egypt’s Western Desert.

Initial tests at the El Salmiya-1 well yielded commercial flow rates from the Cretaceous Abu Roash E and C members. The E member flowed at 400 b/d of oil and the C member made 2,500 b/d of oil and 17 MMscfd of gas.

The El Salmiya discovery follows the company’s GPZZ-4 and Al Ahmadi-1 gas-condensate discoveries in August 2011 and the Al-Jahraa-1X oil discovery in January 2012.

Kuwait Energy is operator with 50% working interest, Dover Investments Ltd. has 28%, and Beach Petroleum (Egypt) Pty. Ltd. has 22%.

Since its formation in 2008, Kuwait Energy has made 16 discoveries in Egypt, where it operates Area A, the Burg El Arab development lease, and Abu Sennan and has interests in the Mesaha concession and the East Ras Qattara Petroshahd development lease.


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