IPR Makes Second Discovery at North Ramadan Concession

  • IPR Makes Second Discovery at North Ramadan Concession

    IPR Makes Second Discovery at North Ramadan Concession

    Sunday, 9th November 2008
    IPR Energy Red Sea has made its second oil discovery in the highly prospective North Ramadan Concession located in the Gulf of Suez, Egypt. The discovery well, NR-2, is located on a separate fault block north of IPR's first oil discovery, NR-1A ST1, which produced approximately 3,000 BOPD and 1.5 MMscf/D during the testing phase.