DAPETCO to drill a new well in Western Desert

Egypt Oil & Gas newspaper (EOG) learned that South Dabaa Petroleum Company (DAPETCO) is nearly finalizing its drilling plan for the year 2009-2010, as the company will drill an exploratory well "Zoom SD3" in Al Qattara Depression in its acquisition area in the Western Desert.

"We are nearly reaching the final goals in our drilling plan of 2009-2010 with the new well in Al Qattara Depression, as we try to keep our daily production of oil steady at 11,000pbd from the Western Desert," Eng. Omar Yassir Mahmoud, Head of Operations and Member of the board at DAPETCO, told EOG in exclusive statements.

Mahmoud also said that his company hasn’t yet agreed on the financial plan for the newly to be drilled well, Zoom SD3.

It’s worth mentioning that South Dabaa is a joint venture between EGPC and the Tunisian company Hadi Bouchamaoui, a private company specialized in exploration. Bouchamaoui operates in south of dabaa acreage, after it discovered six oilfields in the same location, four of them were placed on the production line since last February, with an output of 13,000bpd.


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