Khalda Petroleum Company

Khalda Petroleum Company, an Apache-operated joint venture with the Egyptian General Petroleum Company, made two natural gas and condensate discoveries in Egypt. The Herunefer-1X discovery, located in the Matruh basin, encountered pay in the Alamein, Alam El Buieb-6 (AEB), Masajid, Upper Safa, and Lower Safa formations. Tests from the Lower Safa and Upper Safa intervals flowed at a combined rate of 49 MMcf/D of gas and 7,700 B/D of condensate. The BAT-1X discovery, located in the northern Shushan basin, tested at 31 MMcf/D of gas and 390 B/D of condensate from a thick Paleozoic Shiffah sandstone interval. The 15,555-ft well also encountered pay in the Cretaceous Upper Bahariya, Lower Bahariya, Alamein, AEB-3C, and AEB-3D formations. Khalda (100%) is operator of the lease.


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