SacOil, through its subsidiary Mena International Petroleum Company Limited ('Mena'), has commenced drilling of the Lagia 11 well on 13 November 2015, at its 100% owned Lagia oil field in Sinai, onshore Egypt. This forms part of the Phase 2 field development operations.
As reported previously, the Lagia 11 well is part of a five well drilling campaign aimed at increasing and optimising production.
The Lagia wells will be drilled using the contracted Petro PDSO land rig, Shams 1. The five wells, Lagia 11, 12, 13, 14 and 15 will be targeting the main producing reservoir, the Nukhul formation at approximately 1500 feet below mean sea level.