Merlon 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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