A major gas discovery has been made in Egypt by Dana Gas at the West Sama-1 well in the West El Qantara Concession in the Nile Delta
The announcement marks Dana Gas' second major gas discovery in Egypt for 2012 after the firm completed its first successful drilling operation in the Komombo Concession earlier in the year.
The new discovery, which is located close to the Sama-1 and Sama-2 dry gas discoveries in the Abu Madi formation, has an evaluated in-place resources of between four to six bcf.
Dana Gas Egypt general manager Dr Patrick Allman-Ward said, "The discovery at the West Sama-1 well represents a successful Dana Gas strategy of drilling shallow gas discoveries that can quickly help Egypt meet its growing demand for gas.
"We are delighted that our prospect generation efforts followed by an effective drilling programme are continuing to produce positive results, which will boost even further the company's production starting from this year."
The company said it was preparing a development plan for the West Sama-1 gas discovery to be tied into a nearby pipeline it owns, adding that the well would also be tied into its nearby South El Manzala gas processing plant.
Rashid Al Jarwan, executive director and acting CEO of Dana Gas, remarked, "We are delighted that this exploration well has been successful. It builds upon Dana Gas Egypt's outstanding record of discoveries."
