RWE Dea Confirmed Extension of Gas Resources in Egypt

RWE Dea Egypt has confirmed a further extension of the South Sidi Ghazy-1x discovery in the Egyptian Nile Delta. The latest development well follows the successful appraisal of the North Sidi Ghazy-1x discovery reported in August. The start of production from RWE Dea's Disouq project is planned for 2013.

The well SSG-1-2 was the second to be drilled in the South Sidi Ghazy structure and reached a total measured depth of 2,833 metres. The well was drilled 1.3 kilometres northwest from the discovery and confirms the extension of the gas resources and the good Messinian (Abu Madi Formation) reservoir properties in a northwesterly compartment of the field.

In the first phase of the project, RWE Dea develops seven gas discoveries together with the Egyptian Natural Gas Holding Company (EGAS) and the Suez Oil Company (SUCO). The production from the Disouq project is meant to supply gas to the growing Egyptian energy market.