Arsenal Initiates Egyptian Drilling Program

  • Arsenal Initiates Egyptian Drilling Program

    Arsenal Initiates Egyptian Drilling Program

    Thursday, 22nd February 2007
    Arsenal Energy Inc. announced that drilling operations on the 5.625 million acre Nuqra concession in Egypt are underway. The first well, the SET-1, has now spudded and has a target depth of approximately 3,800 feet. The well will test a stratagrphic trap in the Jurassic zone identified through extensive seismic evaluation.