Australia-based well partner Beach Energy said Monday that a drill stem test of the Kharita formation initially flowed at a rate of 3530 barrels of oil per day and 4.7 million cubic feet per day of gas.
The 42-degree API light crude yielded from the test is the first time oil has been encountered in the Kharita formation within the concession, Beach said, with previous production having been obtained from the shallower Bahariya and Abu Roash plays.
The