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Egypt partners find desert cache


Published Oct 3, 2008
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western desert U of Liverpool
courtesy U. of Liverpool

U.K.-based North Africa explorer Circle Oil has reported an oil strike onshore Egypt, where the Al Amir SE-1 ST well in the Northwest Gemsa license test-flowed 3,388 barrels of oil per day and 4.25 million standard cubic feet per day.

The well had been sidetracked after operational difficulties and is now being fitted for production. Circle boss David Hough said local production infrastructure is only six kilometres away.

Operator Vegas Oil and Gas is joined at Al Amir by Circle oil with 40 percent and Premier Oil with its 10 percent.

The Gemsa concession covers 400 square kilometres some 300 km southeast of Cairo. The local Gulf of Suez Basin is seen as “under-unexplored”.

Tags: Circle Oil plc, Vegas Oil & Gas



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