Gas and condensate discovery for RWE Dea in Egypt

Analysis

RWE Dea has discovered gas and condensate in the Disouq Concession – Onshore Nile Delta.

The North Sidi Ghazi-1x well encountered a gas bearing sandstone interval of 42 m column within the Upper Messinian reservoir sands. Formation evaluation confirmed the encountered section to be Gas bearing with average porosity of 20%. RWE Dea commenced testing operation on the North Sidi Ghazi-1x well.

The concession was awarded to RWE Dea on July 2004 with a 100% interest. The Disouq Block covers originally an onshore area of 5,523 square kilometers within the densely populated farmland of the Nile Delta region of Egypt. 3,500 square kilometers of 3-D seismic have been acquired and evaluated since 2006.

Immediate plans are to complete testing and perform a detailed evaluation. A second exploration well (South Sidi Ghazi - 1x) will be drilled to test another potential Messinian structure. (Europétrole)

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