Melrose updates Egypt exploration

Melrose Resources plc, an Edinburgh-based oil and gas exploration development and production company, provides an update on its exploration and appraisal programme in Egypt.

The company has drilled the Ar Rub No.1 exploration well to test a deep Sidi Salim exploration play in the northern area of the South East El Mansoura concession.

After reaching a total depth of 10,300 feet the well encountered two potential reservoir intervals within the target formation.

Providing drilling results, the company said that the upper interval shown an apparent net pay of 53 feet with an average porosity and water saturation of 21% and 35%, respectively, while the lower interval shown 10 feet of net pay with a porosity and water saturation of 10% and 43%, respectively.

The potential reservoir intervals comprise a mixture of carbonates and sandstones which have not previously been tested on the concession and the wellbore conditions did not allow conclusive open-hole log data to be obtained.

David Thomas, Chief Executive, said the Ar Rub No.1 well in Egypt appears interesting and we look forward to flow testing the well over the next few weeks.