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Arab Finance – Khaleda Petroleum achieves a new oil discovery in the West Pheobus region in Western Sahara


Khaleda Petroleum achieves a new oil discovery in the West Pheobus region in Western Sahara

Arab Finance: Khaleda Petroleum Company, which has operations in the Kalabsha Development Area in Western Sahara, announced an investigation New oil detection In the West Phoebus-1 area, the well was tested by drilling 270 feet in Paleozoic sand, and the recovery on a 1-inch hole produced 7,165 barrels of oil/day with a quality grade of 44 degrees and 23 million cubic feet of associated gas.

The well's electrical recordings demonstrated the presence of Paleozoic petroleum evidence with a total net thickness of 462 feet.

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