RWE, Libyan state oil company find oil at Sirte basin

 
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tolibya



Joined: 05 Oct 2005
Posts: 315



Posted: Tue Oct 16, 2007 5:04 pm    Post subject: RWE, Libyan state oil company find oil at Sirte basin

TRIPOLI (Thomson Financial) - German energy group RWE and Libyan partner National Oil Company (NOC) said they have discovered a new oil well in the Sirte basin, some 700 km to the east of Tripoli in Libya.

The well, located in the C1 NC-193 block, produced a flow of 393 barrels per day during a first test.

RWE holds a 32 pct interest in the block, while state oil group NOC owns the remaining 68 pct.

tf.TFN-Europe_newsdesk@thomson.com



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