TransGlobe Announces Successful Gas Test in Egypt’s Western Desert

TransGlobe reported an oil and gas discovery at its East Ghazalat concession in Egypt’s Western Desert. 

‘Results should be considered as preliminary and are not necessarily indicative of long-term performance. The well was suspended and the drilling rig was released. The new pool discovery will require additional drilling to determine the extent and commerciality of the discovery,’ reads a note released on Wednesday.

The North Dabaa 1X exploration well was drilled to a total depth of 14,740 feet. The well encountered approximately 8 feet of net oil pay in the Abu Roash formation and 23 feet of net gas/condensate pay in the Khatatba formation.

‘The Abu Roash oil zone will be completed and production tested at a future date using a work over rig,’ explains the note.

The Arab Republic of Egypt has 50% working interest in the East Ghazalat Block.