BoraPetco Expands Operations in West Gharib

Borg Al-Arab Petroleum (BoraPetco) completed drilling the BEA-11 well in its West Gharib concession located in the Western Desert. The new developmental well is part of the company’s development plan for the fiscal year 2011/2012.

The new oil-producing well was drilled using the ZJ-50 rig to the depth of 8900 thousand feet, with drilling investments totaling $1.695 million.

BORAPETCO, a joint venture between the EGPC and the Canadian Dublin Petroleum, has maintained a steady production level during 2011, averaging 33733 barrels of oil per month.

 

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