InFocus
The New Minister of Petroleum Has the Sector Found Its Saviour?
Technology P.20
CO2 Miscible Flooding Application To Egyptian Western Desert Oil Fields P.14
InReview P.18
The Commodity Dictates the Trade
Bullion Market Price 1593.55
GOLD
Percentage -0.46%
Crude Oil USD/BBL
WTI BRENT
Price 27.35
Price 88.02 102.74
SILVER
HIGHLIGHT
Percentage -2.53%
Dana Gas Expands Well Portfolio
Percentage +6.83% +7.13%
P.04
September 2012
Issue 69
24 Pages
www.egyptoil-gas.com
Man of the Hour
Egypt News
Egypt News
Rashpetco Expands in the Mediterranean Sea
Shell Utilizing Foam Fracking in Western Desert Royal Dutch Shell has announced the successful use of the hydraulic foam fracturing technique in Egypt’s Western Desert, the first time this technique has been used in North Africa. Shell has succeeded in freeing substantial amounts of trapped “tight” natural gas from the Apollonia reservoirs utilizing the technique. P.05
Rashid Petroleum Company (Rashpetco) has concluded the drilling of a new developmental well in its concession area in the Mediterranean Sea, in the context of the company’s 2011-2012 drilling plan. P.05