Sea Dragon Energy Inc., Calgary, will drill two exploratory and three development wells on the Kom Ombo concession in southern Egypt.
First up is the West Al Baraka-2 exploratory well 9 km southwest of Al Baraka oil field, to be followed by the Al Baraka-16 development well. The rig is being inspected before being mobilized to the concession, 1,000 km south of Cairo.
Al Baraka field, producing from multiple reservoirs, is averaging a gross 550 b/d of light oil.
Sea Dragon and Dana Gas of Sharjah each hold 50% interest in the concession, which covers 11,400 sq km.