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Kuwait Energy announces two hydrocarbon discoveries in the Western Desert of Egypt
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Saturday, 27 Aug 2011
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Kuwait Energy Company KSCC one of the fastest growing independent oil and gas exploration and production companies in the Middle East announced that it has encountered hydrocarbons in the GPZZ-4 and Al Ahmadi-1 wells located in the Abu Sennan concession in the Western Desert of Egypt.

The Abu Sennan concession is operated by Kuwait Energy in which it holds a 50% working interest with the remainder being held by Beach Energy Limited and Dover Petroleum. These two new discoveries bring the total number of discoveries since 2008 by Kuwait Energy in Egypt to 13.

The GPZZ-4 well was drilled first as part of a six-well drilling program in the Abu Sennan concession. During initial drilling, hydrocarbon shows were found in the lower and upper Bahariya Formations and the Abu Roash G Member. The second well, Al Ahmadi-1 has also encountered hydrocarbon shows within the Kharita Formation, the lower Bahariya Formation, the Abu Roash G Member and the Abu Roash E Member.

Ms Sara Akbar said deputy chairman and CEO of Kuwait Energy said that "We have registered yet another success in Egypt with these discoveries. Production testing on both wells is still ongoing to assess the volumes and commerciality of the hydrocarbon shows. We look forward to encouraging results, as well as continued success in Egypt."

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