Petrobel Announces New Oil Discovery In Sinai

Published on Monday, 14 Nov 07:00 am

Egypt’s Belayim Petroleum Company (Petrobel) has made a new oil discovery in Sinai, which tested at a rate of 2,270 b/d of crude. The new find, located some 40km south of Abu Rudais city, was made at a depth of 3,012ms in an exploration well with a horizontal section.
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