Apex International Energy discovers oil in Western Desert of Egypt

EGYPT – Apex International Energy, a company backed in part by UK energy investment firm Blue Water Energy, has announced a new oil discovery in Southeast Meleiha Concession (SEM), located in the Western Desert of Egypt. The discovery was achieved at the SEMZ-11X well located 10 kilometers west of Zarif field, the nearest producing field. The well was drilled to a total depth of 5,700 feet and encountered 65 feet of oil pay in the Cretaceous sandstones of the Bahariya and Abu Roash G formations. Testing of the Bahariya resulted…

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