Aminex Petroleum Egypt (APE), a subsidiary of UK-based Aminex, discovered oil at its South Malak-2 (SM2) well on the West Esh el Mellaha-2 concession in Egypt. Tests showed flow rates of approximately 430 B/D of 40 °API gravity crude oil. Based on the findings at SM2, a full field development program will be presented to the Egyptian authorities and the joint venture partners before commercial development. APE is the operator of the license with partner Groundstar Resources.
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