Zafrana Oil Co. is planning to attach two new exploratory wells to the drilling plan in its acquisition area of Rodis in the North of Gulf of Suez and another development well.

Geologist Mohamed Talat, board member and assistant exploration to the CEO, told Egypt Oil and Gas newspaper (EOG) in exclusive statements, that his company is preparing to include those two wells to the company’s drilling plan with investments reaches $41.5 million, compared to the $48 million investments of last year.

Talat added that his company’s investments in Zafrana’s filed reached up to $11.7 million in the current year.

He also pointed that his company is aiming to keep its present production rate steady at 5300 barrels per day of crude oil, received though the new marine platform.