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5 months ago
BRIEF-BP makes third gas discovery in Egypt's East Nile Delta
March 27, 2017 / 9:05 AM / 5 months ago

BRIEF-BP makes third gas discovery in Egypt's East Nile Delta

March 27 (Reuters) - BP Plc:

* BP makes third gas discovery in North Damietta concession, East Nile Delta, Egypt

* Wireline logs, pressure data and fluid samples confirmed presence of 37 metres of net gas pay in high quality pliocene sandstones

* Options to tie discovery back to nearby infrastructure are being studied.

* Has 100 pct equity in discovery

* Latest discovery confirms our belief that Nile Delta is a world-class basin - Bob Dudley Further company coverage: (Bengaluru Newsroom)

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