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Eni Makes New Oil and Gas Discovery in Egypt

Posted by January 22, 2015

Eni has made a new discovery of oil and gas in Egypt's Western Desert, the Italian group said in a statement on Thursday.

The well in the West Melehia deep exploration prospect began production with an initial daily flow of 2,100 barrels, intended for the Melehia field infrastructure treatment, it said.

"The discovery will be rapidly followed by the drilling of other delineation and development wells which should result in an estimated production of about 8,000 barrels per day by the end of 2015," Eni said.

Eni holds 76 percent of the Melehia licence through its International Egyptian Oil Company subsidiary.

Reporting by Danilo Masoni

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