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Egypt’s Kom Ombo due more exploring

11/19/2007
Groundstar Resources Ltd., Calgary, plans to shoot 2D seismic in early 2008 over five high-potential structures on the 42,291 sq km West Kom Ombo Block in southeastern Egypt.Preliminary processing of 835 line-km of 2D seismic data acquired by Repsol YPF SA in 1997 shows several large Cretaceous structures, Groundstar said. The company noted that Centurion Energy International Inc., Calgary, has a $30 million plan to develop a discovery on Block 2 to the east that tested 37° gravity oil from a Cretaceous reservoir at 4,000 ft (OGJ Online, Sept. 6, 2007). It added that the Repsol KO-1 well and the Centurion KO-4 well had oil shows in potential sandstone reservoirs below 8,000 ft.Grounds...
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