SIPC Egypt makes oil discoveries

SIPC Egypt made oil discoveries in its three wells drilled in August, wherein HERUNEFER_E-1X well discovered oil pay of 30.5 meters, thereby becoming another major oil discovery since the HERUNEFER-1X major oil discovery in the first quarter. In addition, AG-121X well and BERENICE-1X well discovered oil pay of 12 meters and 47 meters, sequentially.

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