Area Drilling

EgyptMelrose Resources PLC, London, had an indicated discovery at its El Mansoura-3 well in the Nile Delta onshore within 10 km of East Delta field production facilities.The well cut 37 ft of good quality reservoir sand, encountered on prognosis in the Pliocene Kafr el Sheik formation. Wireline and mud logs indicated the presence of dry gas. TD is 6,497 ft. Expected reserves are 25-50 bcf.The company identified 15 analogous Kafr el Sheik and El Wastani prospects and leads on the western side of the concession.LouisianaMeridian Resource Corp., Houston, plans to launch a multiwell E&D program on 190,000 acres recently acquired in southern Louisiana.Meridian licensed existing 3D seismic data...

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