Beach Energy Announces Fourth Oil, Gas Discovery in Egypt

Beach Energy Limited has announced its fourth consecutive discovery at the El Salmiya-1 exploration well in the Egyptian Abu Sennan concession. 

The well is the fourth well drilled as part of a six well exploration program. 

El Salmiya-1 reached total depth in the Kharita Formation at 3,799 metres, with initial testing gas flow rate of 17 MMscfd. 

 Kuwait Energy, which operates the well expects commercial production of the El Salmiya-1 discovery as soon as all appropriate approvals are received from the regulatory authorities.

The final two wells of the six well program, Salwa-1 and Hawalli-1, are further south in the concession and have recently reached total depth.   Results from these wells are currently being analysed.