Melrose's Chief Executive David Thomas has said that at least 15 more wells would be drilled by the end of the year and production would be raised to 10,000 b/d.
The oil produced from the concession is sold to the Egyptian government, through a local pipeline system.
Melrose holds 100 per cent interest in the South East El Mansoura concession and the West Dikirnis concession.
Furthermore, it has a 40 per cent interest in the Mesaha exploration block in Upper Egypt.
Browse
related articles
Melrose expects to double oil production from Egypt
- Egypt: Sunday, January 06 - 2008 at 09:21
Scotland-based firm Melrose Resources said that the West Dikirnis oilfield has started producing some 5,000 barrels a day (b/d), but the company expects that by the end of 2008 it would double its production through the drilling of additional wells, reported ANI.
Related stories
Also consider reading:
Digg
Facebook
LinkedIn
Twitter
Browse
related articles
Today's most read articles:
- » Nokia N900 to hit UAE stores
- » Abu Dhabi Tourism Authority plans measured expansion for 2010
- » Boeing to showcase tailored portfolio of products and services at Dubai Air Show 2009
- » Burj Dubai enters final leg of construction
- » Marriott International announces the signing of five hotels for its newly established Middle East and Africa region
Amena Bakr, Senior ReporterSunday, January 06 - 2008 at 09:21 UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of AME Info FZ LLC / Emap Limited.
Disclaimer:
The information comprised in this section is not, nor is it held out to be, a solicitation of any person to take any form of investment decision. The content of the AMEinfo.com Web site does not constitute advice or a recommendation by AME Info FZ LLC / Emap Limited and should not be relied upon in making (or refraining from making) any decision relating to investments or any other matter. You should consult your own independent financial adviser and obtain professional advice before exercising any investment decisions or choices based on information featured in this AMEinfo.com Web site.
AME Info FZ LLC / Emap Limited can not be held liable or responsible in any way for any opinions, suggestions, recommendations or comments made by any of the contributors to the various columns on the AMEinfo.com Web site nor do opinions of contributors necessarily reflect those of AME Info FZ LLC / Emap Limited.
In no event shall AME Info FZ LLC / Emap Limited be liable for any damages whatsoever, including, without limitation, direct, special, indirect, consequential, or incidental damages, or damages for lost profits, loss of revenue, or loss of use, arising out of or related to the AMEinfo.com Web site or the information contained in it, whether such damages arise in contract, negligence, tort, under statute, in equity, at law or otherwise.
It looks like you are using a Mac - check out our 
Web Feeds