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Oil & Gas

PetroSilah raises production to 12k bbl/d by end of FY 2016-17

Posted: January 8, 2017 at 11:06 am   /   by   /   comments (0)

petrosilahMerlon International JV PetroSilah are aiming to drill six wells in 2H2016-17 to increase production to 12k bbl/d from 8.7k bbl/d from its El Fayum concession, PetroSilah Chairman Taher Abdel Rahim told Al Borsa. We had previously reported Merlon International is allocating USD 54 mn in FY2017-18 towards its El Fayum concession in the Western Desert.


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