Gemsa probe joy for Premier Oil

Premier oil has hit hydrocarbons during drilling of the Al Amir SE-1 sidetrack well in the onshore North West Gemsa concession in Egypt.

The discovery was made in the Kareem formation sandstones with the well testing at sustained rates of 3388 barrels of oil per day and 4.25 million cubic feet of gas per day.

The well, which had been sidetracked after operational difficulties, is currently being completed as a potential producer.
Full technical evaluation of all the results is underway, assessment of reserves has not yet been completed.
The North West Gemsa concession partners include Vegas Oil and Gas (50%) and operator Circle Oil (40%) and Premier Oil (10%).
The NW Gemsa concession covers an area of over 400 square kilometres and lies about 300 kilometres southeast of Cairo in a partially unexplored part of the Gulf of Suez basin.

(Upstream Online)


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