Pharaonic adds offshore Egypt gas producer

Feb. 16, 2012
Pharaonic Petroleum Co. has drilled a new gas production well in its Mediterranean concession offshore Egypt.

Offshore staff

CAIRO – Pharaonic Petroleum Co. has drilled a new gas production well in its Mediterranean concession offshore Egypt.

The West ATEN-7 well cost $25 million, and was drilled by theCONST-11 rig to a depth of 17,303 ft (5,274 m).

2/16/2012