Kuwait Energy announces two new discoveries in Egypt
Kuwait Energy Company on Wednesday said announces it has discovered hydrocarbons in the GPZZ-4 and Al Ahmadi-1 wells located in the Abu Sennan concession in the Western Desert, Egypt.
The Abu Sennan concession is operated by Kuwait Energy, which holds a 50 percent working interest, and Beach Energy Limited (22 percent) and Dover Petroleum (28 percent).
The two new discoveries bring the total number of discoveries since 2008 by Kuwait Energy in Egypt to 13.
Kuwait Energy deputy chairman and CEO, Sara Akbar, said: "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.