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(MENAFN) Anglo-Dutch energy major Royal Dutch/Shell said that it had made
its first commercial oil discovery in the eastern part of its Northeast Abu
Gharadig (NEAG) concession in Egypt's Western Desert, Reuters reported.
The company said in a statement that the Sheiba 18-3 well in the
concession had tested up to 1,600 barrels of 36 degree API oil per day
and 0.9 million cubic feet (25,480 cu meters) of gas per day.
Shell operates the concession with a 52 percent interest, while U.S. oil
and gas firm Apache Corp has 48 percent.
The statement added that a proposed plan for further exploration of this
area had been reviewed and supported by state-owned Egyptian General
Petroleum Corporation (EGPC).
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