Abu Dhabi-listed Dana Gas said on Monday it discovered oil at the Al Baraka field in southern Egypt. Oil flowed at 220 barrels per day from the well with natural pressure, the company said.
The rate increased to 1,300 bpd through pumping,
United Arab Emirates-based Dana Gas said on Saturday it had made a find of 30 billion cubic feet of gas in Egypt, its fourth in the North African country this year.
A company statement said the find was at the Tulip-1 well in the West El Q
OMV Aktiengesellschaft, the leading energy group in the European growth belt, has announced the discovery and successful testing of oil in offshore Sirte Basin, 40 km southwest of Benghazi in Libya.
The A1-NC202 exploration well in Block N