Bamboo probe under way in Nile Delta

Exploration drilling is under way on the Bamboo prospect in the West El Burullus concession, in Egypt’s offshore Nile Delta region, according to partner Dana Petroleum.

Feb 25th, 2010

Offshore staff

ABERDEEN, UK -- Exploration drilling is under way on the Bamboo prospect in the West El Burullus concession, in Egypt’s offshore Nile Delta region, according to partner Dana Petroleum.

Earlier this month, Dana and partner GdF Suez discovered a second gas field in this concession, named Papyrus.

Dana has also completed drilling of the RAD-3x well offshore Gulf of Suez, Egypt. This well, however, did not encounter the anticipated reservoir rock section and has been plugged and abandoned. Total drilling cost was around $5 million.

02/25/2010

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