Apache strikes oil and gas in Egypt's Western Desert
(Cairo, Egypt-AP) -- Apache Corporation of Houston has found oil in a well in Egypt's Western Desert.<br>The company says today's find may enable the company to begin recouping some of the 27-point-five
Wednesday, February 16th 2000, 12:00 am
By: News On 6
(Cairo, Egypt-AP) -- Apache Corporation of Houston has found oil in a well in Egypt's Western Desert. The company says today's find may enable the company to begin recouping some of the 27-point-five (m) million dollars it has invested in a nearly two (m) million acre concession in the area.
The company plans to drill more than 30 exploration wells this year, well over the half-dozen drilled last year.