NORTHWEST RAZZAK BLOCK 6

NEARBY CONCESSIONS AND DEVELOPMENT LEASES, NORTHWEST RAZZAK BLOCK 6

LOCATION : The block is locating in the northern part of the Western

Desert of Egypt, within Matruh and Shushan Basins. It is surrounded by Apache, IEOC , Shell and IPR fields.

AREA : 4764 km2

WELLS : 42 Wells

PREVIOUS CONCESSIONNAIRS:

APACHE, VEGAS, REPSOL, BURREN

and IEOC Company.

SEISMIC SURVEYS : - 2D seismic (12645 Km)

- 3D seismic (1485km2 )

NORTHWEST RAZZAK BLOCK 2D &3D SEISMIC COVERAGE

6

APACHE N.Alamein 1999

APACHE W. Kanayes/N. Tarek 05-06

IEOC

E. Kan 06

Yidma El

Hamra 2007

Vegas East

Ghazalat 2008

Survey Name

251 km2 463 km2 185 km2 294 km2 292 km2 Coverage

Apache Apache IEOC El Hamra Vegas Operator

Geotrace/

2009

Western

Geco

PGS/ 2009 Processing

Center/Year

NORTHWEST RAZZAK BLOCK

2D SEISMIC (12645 Km) 6

NORTHWEST RAZZAK BLOCK

3D SEISMIC (1485 Km2) 6

3D El Hamra E. YIDMA 2007 = 294 km2

3D IEOC E.Kanayis 2006 = 185 km2

3D VEGAS East Ghazalat 2008 = 292 km2

3D APACHE W. KANAYES/N.TAREK 05-06 = 463 km2

3D APACHE N.Alamein 1999 = 251km2

NORTHWEST RAZZAK BLOCK

NEARBY FIELDS :

W. Kanayis ( G, K, S & J), N.

Alamein, Akik & Tanzanite

for Apache Company.

E. Kanayis (1, 2 &3), Aghar

& Razzak for IEOC Company.

JC, Badr-17 & NEAG-5 for

Shell Company.

Safwa & N. Dabaa for North

Petroleum Company.

Marina & Burg El Arab for

Kuwait Energy.

Alamein/Yidma for IPR Co.

6

NORTHWEST RAZZAK WELLS

NO. WELL NAME /

NEW NAME COMPANY

SPUD. DATE

COMP. DATE

LAT.

LONG.

T. D.

FEET

FORMATION

REACHED FINAL STATUS

1 E. GHAZALAT-3X PETROSAFWA 22/01/2014

05/02/2014

30° 07’ 01.03”

28° 09’ 57.19” 4.400 BAHARIYA P&A

2 E. GHAZALAT-1X PETROSAFWA 16/05/2012

27/05/2012

30° 10’ 05.07”

28° 01’ 47.83” 4.583 KHARITA P&A

3 W. KANAYES B-2X APACHE 21/03/2011

22/04/2011

30° 59’ 06.1”

27° 50’ 57.9” 12,300 MASAJID P &A

4 NAKHEIL-1 VEGAS 13/12/2010

08/01/2011

30° 03’ 48.3”

28° 02’ 40.7” 7,320 AEB P&A

5 NTRK-B-1X

(Ja 29-1) APACHE

28/09/2010

29/11/2010

31° 02’ 24.0”

27° 49’ 08.4” 15,820

L. SAFA

(KHATATBA )

P & A, Oil shows

in Jurassic &

AEB # 5

6 SOLITAIR-1X DEEP

(Ij 37-1) APACHE

24/07/2010

09/08/2010

30° 56’ 11.8”

28° 38’ 57.6” 12,148 BASEMENT

P & A, Gas

shows in Alamein

Dolmite & AEB

7 GAWAD-1X

(Ib 32-1) VEGAS

13/01/2010

11/02/2010

30° 07’ 34.2”

28° 09’ 55.6” 09,418 BASEMENT P & A

8 WMED-A-1X

(Ij 38-1) APACHE

09/01/2010

22/03/2010

30° 54’ 27.0”

28° 43’ 22.5” 12,650 BASEMENT

P & A

Oil shows in

AEB#3D/E

9 WKAN-B-1X

IJ 29-1 APACHE

09/02/2007

19/07/2007

30° 58’ 22.7”

27° 49’ 47.8” 16,300

PRE-WADI EL

NATRUN

“SHUSHA FM”

Oil Discovery

AEB # 6

10 PERIDOT-1X

(Li 38-6) APACHE

26/12/2006

28/02/2007

30° 49’ 04.2”

28° 44’ 36.4” 12,500 AEB-3A P&A

11 TOURMALINE-1X

(Li 38-5) APACHE

24/10/2006

12/12/2006

30° 51’ 10.0”

28° 44’ 48.5” 11,400 AEB # 3D

P & A

Oil shows in L.

Cretaceous

6

NORTHWEST RAZZAQ WELLS

NO. WELL NAME /

NEW NAME COMPANY

SPUD. DATE

COMP. DATE

LAT.

LONG.

T. D.

FEET

FORMATION

REACHED FINAL STATUS

12 UM HABIB-2

iF 34-2 BURREN

16/05/2006

09/06/2006

30° 34’ 08.7”

28° 23’ 43.1” 08,767 AEB

P & A

Oil shows in AEB

13 WASHKA SOUTH-1

Ih 35-4 BURREN

29/03/2006

07/05/2006

30° 46’ 46.8”

28° 30’ 54.7” 09,470 AEB # 3A

P & A

Oil shows in

Dahab &AEB

14 WASHKA SW-1

Ih 35-3 BURREN

02/03/2006

17/02/2006

30° 47’ 18.7”

28° 27’ 17.8” 06,166 L. BAHARIYA

P & A

Oil shows in Bah.

15 S. DABAA 8-1 ST HBSI 24/02/2004

18/04/2004

30° 10’ 45.0”

28° 00’ 27.1” 09,518 BASEMENT P&A

16 MAS-1X

Li 38-4 APACHE

10/12/2002

03/02/2003

30° 51’ 40.6”

28° 47’ 44.4” 10,102 AEB # 3

T&A, tested 745

BOPD in

Alamamein Dol.

17 ZOMOROD-1X

(Ii 37-10) APACHE

28/09/2002

10/11/2002

30° 52’ 20.6”

28° 39’ 49.5” 09.230 AEB # 1 P & A

18 MARINA W-1X

(Ii 38-3) APACHE

18/03/2001

16/05/2001

30° 52’ 29.0”

28° 47’ 43.6” 10,940 AEB # 3D

P & A

Oil shows in L.

Cretaceous

19 ONYX-1X

(Ii 37-8) APACHE

15/10/2000

16/12/2000

30° 50’ 18.0”

28° 37’ 46.4” 10,770 AEB # 3A

P & A

Oil shows in L.

Cretaceous

20 WASHKA-2X

(Ii 36-2) APACHE

30/05/2000

31/07/2000

30° 49’ 15.5”

28° 32’ 04.3” 10,365 AEB # 3E

P&A

Oil shows in

Alamein Dolomite

21 EL KISH-1

(Ie 33-5) IEOC

26/02/2000

30/03/2000

30° 25’ 25.6”

28° 13’ 38.1” 09,357 MASAJID P & A

6

NORTHWEST RAZZAK WELLS

NO. 39WELL NAME /

NEW NAME COMPANY

SPUD. DATE

COMP. DATE

LAT.

LONG.

T. D.

FEET

FORMATION

REACHED FINAL STATUS

22 DAHAB-3X

(Ii 38-2) REPSOL

19/09/1998

09/11/1998

30° 48’ 52.3”

28° 45’ 38.1” 11,974 AEB # 1

P & A, poor Oil

shows in Dahab &

Alamein Dolmite

23 N. ALAMEIN-3X

(Ii 37-4) REPSOL

04/08/1998

09/09/1998

30° 48’ 38.8”

28° 37’ 56.3” 10,600 AEB # 1

P & A, Oil & Gas

shows in Alamein

Dolmite & AEB

24 MIRACH-1

(Ii 34-1) IEOC

04/10/1997

02/03/1998

30° 52’ 03.9”

28° 20’ 42.9” 13,893 AEB P & A

25 DABAA -3X

(Ih 35-2) REPSOL

28/04/1992

26/05/1992

30° 47’ 05.0”

28° 27’ 10.0” 10,500 AEB # 3E

P & A

Oil shows in

L. Cretaceous

26 GANAYEN-2

(Ig 31-2) REPSOL

07/12/1991

15/04/1992

30° 39’ 16.0”

28° 03’ 41.0” 15,950 KHATATBA

P & A

ST @ 11,901

27 DABAA-1X

(Ih 35-1) CONOCO

14/06/1989

25/07/1989

30° 45’ 17.6”

28° 24’ 26.5” 12,107 AEB#3 P & A

28 If 32-1 IEOC 16/04/1988

03/05/1988

30° 33’ 04.9”

28° 06’ 09.9” 07,000 BAHARIYA P & A

29 Ig 34-1 IEOC 14/04/1988

21/07/1988

30° 36’ 55.9”

28° 23’ 21.1” 15,004 KHATATBA P & A

30 Ig 33-1 IEOC 27/03/1988

10/05/1988

30° 39’ 48.1”

28° 14’ 24.7” 11,100 AEB P & A

31 Ie 31-1 IEOC 24/03/1988

11/04/1988

30° 28’ 16.3”

28° 00’ 44.7” 06,300 BAHARIYA P & A

32 Ie 32-2 IEOC 17/03/1988

06/04/1988

30° 28’ 57.4”

28° 07’ 16.2” 06,200 KHARITA P & A

6

NORTHWEST RAZZAK WELLS

NO. WELL NAME /

NEW NAME COMPANY

SPUD. DATE

COMP. DATE

LAT.

LONG.

T. D.

FEET

FORMATION

REACHED FINAL STATUS

33 El Garf-2

Ie 33-4 IEOC

25/12/1987

24/01/1988

30° 27’ 59.50”

28° 14’ 20.50” 06,150 BAHARIYA

Non commercial

Oil producer

34 UM HABIB-1

(If 34-1) AGYPETCO

15/07/1982

12/08/1982

30° 34’ 12.0”

28° 22’ 57.2” 07,000 BAHARIYA P & A

35 ALMAZ-1

(Ij 34-1) SHELL

11/05/1977

31/08/1977

30° 57’ 05.9”

28° 23’ 06.1” 13,470 BASEMENT P & A

36 FADDA-1

(Ii 31-1) SHELL

29/12/1976

01/05/1977

30° 51’ 47.3”

28° 03’ 15.3” 15,811 KHATATBA P & A

37 OBEID ALLAH-1

(Ie 32-1) PHILLIPS

08/04/1974

15/08/1974

30° 26’ 34.0”

28° 06’ 13.0” 12,896 JURASSIC P&A

38 EL GARF-1

(Ie 33-2) PHILLIPS

04/01/1974

18/02/1974

30° 27’ 20.0”

28° 13’ 01.0” 09,916 JURASSIC

P & A

Oil shows in

Bahariya Fm.

39 GANAYEN-1

(Ig 31-1) PHILLIPS

28/02/1972

01/04/1972

30° 39’ 48.0”

28° 02’ 43.0” 08,958

LOWER

CRETACEOUS P & A

40 WASHKA-1

(Ii 36-1) PHILLIPS

25/12/1971

20/01/1972

30° 48’ 43.0”

28° 33’ 15.0” 08,495

L. CRET.

AEB-1

P & A

Oil & Gas shows

in L. & U. Cret.

41 DAHAB-1

(Ii 38-1) PHILLIPS

15/04/1970

30/05/1970

30° 48’ 24.0”

28° 45’ 25.0” 11,705

LOWER

CRETACEOUS

P & A

Oil shows in L. &

U. Cret.

42 ABU SUBEIHA -1

(Ja 34-1) PHILLIPS

03/07/1968

10/10/1968

31° 00’ 24.0”

28° 19’ 25.0” 13,171 JURASSIC P & A

6

STRATIGRAPHY :

- The wells penetrated the normal Western Desert

stratigraphic sequence, from the Miocene

(Marmarica Formation) to the Basement.

SOURCE :

- Jurassic Khatatba Formation.

- Lower Alam El Bueib Formation.

RESERVOIRS :

- Alamein Dolomite and Dahab Formation.

- Alam El Bueib and Khatatba Formation.

- Bahariya & Kharita sandstones of Lower Cret.

SEALS :

- Abu Roash “G”shale/Carbonates succession.

- Bahariya shales and Alamein Dolomite.

- The top Jurassic Masajid carbonates.

- Intra-formational shales of AEB and U. Khatatba

NORTHWEST RAZZAK BLOCK 6

MAS-1X well is Alamein Dolomite Oil discovery.

-The well bottomed in Alam El Bueib #3 at 10,102', with oil shows in Alam El Bueib sands.

- Mas-1X well tested the Alamein Dolomite and recovered 745 BOPD. - The well was temporarily abandoned for re-evaluation.

Seismic line 2346 through MAS-1X Well Top Alamein Dolomite Depth Map

NORTHWEST RAZZAK BLOCK

Apache, 2002

E W

6

NORTHWEST RAZZAK BLOCK

WKAN-B-1X well (Oil discovery)

Petrophysical analysis showed net pay 22 ft & Ф 10.6%.

A test was run in the AEB-6 Mb from 11905'-12028' (Actual Perforated 50') Recovered: 942 BOPD (API=44,3°) & 0.21 MMSCFGPD

The well was suspended as oil discovery.

6

NORTHWEST RAZZAK BLOCK

Ie 33-4 well (Suspended)

The figure shows top Bahariya

Formation depth map, constructed

by Agiba Pet. Co. (IEOC) in 1987.

Petrophysical analysis

showed 19 ft. of oil bearing

intervals. A test was run in the

Bahariya Fm. recovering

heavy oil.

The well was suspended as oil

producer after re-evaluation.

6

1

NW Razzak Block

(6) Northwest Razzak Block

Introduction

The Northwest Razzak block is located in the northern part of the Western

Desert of Egypt, within Matruh and Shushan Basins; they are mainly of

Jurassic to Early Cretaceous origin in which the sedimentary cover exceeds

25.000 ft with extension to the offshore area.

The Northwest Razzak block occupies a current area of 4764 km2 and has

12645 km 2D seismic lines and 1485 km2 3D seismic, it comprises 42 wells

drilled by different companies.

Hydrocarbon Potential:

1- Source Rock and Maturity

The geochemical analyses carried out on several wells located in the area,

have confirmed the presence of potential source rock within the Khatatba

and the Lower Alam El Bueib Formation.

Several intervals within the Khatatba Shale contain fair to good source

rocks of type III and mixed type II / III, which have potential for oil and gas

generation. Measured TOC are up to 2.56% while the hydrogen index varies

between 165-526.

The geochemical analyses carried out on the basal part of the Alam El Bueib

Shales of several wells in this area, indicated the presence of mainly type III

and some contribution of type II kerogens with a TOC that varies from 0.56%

to 3.8% and a hydrogen index ranging from 140 to 265.

The burial/maturation curves of several onshore wells which have been

modeled and calibrated based on the corrected bottom hole temperature

and measured vitrinite reflectance for the khatatba and the Lower Alam El

Bueib source rocks, have elucidated that khatatba and most of the Lower

AEB source rocks reached mid oil generation stage during the Late

Cretaceous/Early Tertiary.

However, Oil to source correlation which has been carried out on Khatatba

and AEB source rock extract samples of the Marakia-1, Almaz-1, Razzak-13

well and the oil samples from the Alamein/Razzak fields and Marakia-1 well

indicated that the oil samples are most likely sourced from Khatatba source

2

NW Razzak Block

rock. The AEB source rock can be considered as a secondary contributor for

hydrocarbon generation in the area.

2- Migration, Trap and Charge Timing

The North Alamein-1x discovery which is located 10 km W. of Dahab-3x,

indicates that migration from the underlying mature source is most probably

vertical and/or along the main boundary faults of the structure. The oil

generation from the Khatatba source rock coincides with the timing of the

last tectonic event (Late Cretaceous/Early Tertiary) affecting the trap

formation.

In the eastern part of the block where the deepest part of the basin,

significant amount of gas might have been generated from the Khatatba

source whereas oil could have been expulsed from the Lower Alam El Bueib

shales.

3-Seal

The Dahab formation which mainly consists of shales with some carbonates

beds and thin streaks of sandstones, is the top and side seal for the Alamein

Dolomite reservoir and even for the top of AEB#1 reservoir.

In the case of the Dahab-3x location, presumably, the side seal potential is

provided by the closing fault which might have been sealed by shale smear

as consequence of the strike slip movements.

For the Bahariya sandstones, top/side seal should be provided by the

carbonates/shales of the overlying AR#G section.

Lateral sealing due to the juxtaposition of porous sand bodies against tight

shaly and carbonate intervals. Fault gouge and clay smearing is a possible

fault plane sealing mechanism.

4-Reservoir

a- Alamein Dolomite (Primary Objective)

The fractures and the dip analysis carried out over the Alamein section using

FMI and open hole porosity logs indicate the presence of an upper porous

zone of relatively higher conductive response, characterized by a low density

of open fractures but with abundant vuggy and micro-vuggy porosity of

good connectedness.

3

NW Razzak Block

b- AEB # 1 Sandstones (Secondary Objectives)

The Alam El Bueib-1 sandstones were considered as secondary objective and

in particular the first sandstone package at the top part of the section which

proved to be hydrocarbon bearing reservoir in N. Alamein-1x.

c- Dahab Sandstones (Secondary Objectives)

The Dahab sandstones were also considered as an additional secondary

target after a reasonable hydrocarbon flow rate as observed in N. Alamein-

2x and N. Alamein-1x.

d- Bahariya Sandstones (Secondary Objectives)

In the Dahab-1x well, poor oil shows were reported while drilling parts of the

Cenomanian (AR#G / Bahariya) section; porosity were considered as possible

secondary target in the area.

Summary of the Wells:

NTRK-B-1X well (2010)

NTRK-B-IX reached a total depth of 15820' (MD)/-14985' (TVDss) in the

Lower Safa member of the Khatatba Formation. While drilling, oil and gas

shows were encountered in the AEB-5, and Upper Safa sandstones beside

Masajid Dolomite. The well encountered no reservoir quality facies (avg. Phi

at both AEB-6 & Upper Safa reservoir target < 8%). Petrophysical evaluation

indicated a net pay of 1.5 feet in Masajid dolomite, 2.5 feet in the Upper

Safa & 1.5 feet in the Lower Safa Sandstones. No zones of interest Identified

on logs. Wireline tool could not reach TD due to ledges. LWD logs

(GR\NEU\RES) was used to evaluate the well from TD up to depth 14660'.

The well was plugged and abandoned as a dry hole.

Gawad-IX well (2010)

The sandstone reservoir objectives in the Jurassic section were penetrated in

the well, no zone of interest was identified. The well was plugged and

abandoned as a dry hole. Likely due to the lack of sufficient side seals

analysis. The biostratigraphic analysis of the main seismic events indicated

the absence of the expected Paleozoic section in the area, where the Jurassic

is directly overlying the basement.

4

NW Razzak Block

WMED-A-IX well (2010)

Structurally WMED-A-IX well is located on the east-west trending Almaz

High (Dabaa Platform) and was mapped as a four-way dip closure on the

Bahariya, Kharita and Jurassic structural levels.

While drilling oil and gas shows were encountered in the sandstones of AEB-

3A, AEB-3C and 3D/E. Petrophysical evaluation indicated 12 ft of net pay in

the AEB 3D/E sandstone. After setting 7" liner, one DST was performed over

the AEB 3D/E Member (Perforated interval 10299' -10323') and recovered

25 bbls (2% Oil & 98% Water).

The well was plugged and abandoned as a dry hole with non-commercial oil

after reaching a TD at 12,650 ft in Basement.

WKAN-B-IX well (2007)

Structurally WKAN-B-1X well is located on a NE-SW trending fault block at

the Jurassic prospective levels. There may be a small component of 4-way

dip closure at the prospect location.The well was designed to test the

potential of the Lower Safa sandstone as a primary objective (including pre-

Wadi Natrun sandstones) and the Upper Safa and AEB-6 sandstones as

secondary objectives.

WKAN-B-1X well reached TD at 16,300'. While drilling oil and gas shows

were encountered in Dahab, AEB-6, Masajid, Zahra, Uppe Safa and Pre-

Wadi Natrun sandstones.

Petrophysical evaluation indicated a pay within the AEB-6 and possible pay

in the Masajid. Although good oil and gas shows were encountered in

Khatatba Formation, No convincing pay zones appear due to bad hole

condition which affected on log measurements.

After WKAN-B-1X reached a total depth of 16,300', in Pre-Wadi Natrun,

three cement plugs were set. Three DST's were performed, two over the

Masajid Formation with recovery of formation water, and one over the AEB-

6 {interval: 11905'-12028' (Actual Perforated 50')} with recovery of 942

BOPD and 0.21MMSCFGD after fracing and by nitrogen lifting.

The well is considered an AEB - 6 oil discovery.

5

NW Razzak Block

Tourmaline-lX well (2006)

The well bottomed in Alam El Bueib at 11,400', with oil shows in Dahab,

Kharita and Alam El Bueib sands and Alamein Dolomite. The well tested the

Alamein Dolomite and recovered formation water. The well was plugged

and abandoned as a dry hole.

Umm Habib -2 well (2006)

The well was planned to test the hydrocarbon bearing potential of the

Alamein Dolomite as the primary objective and Alam El-Bueib Sandstones as

a secondary objective (these sands having been previously tested in the

North Razzak field approximately 1250 m southeast and across a syncline

from the Umm Habib-2 structure).

No hydrocarbon shows or fracturing were encountered in the primary

objective Alamein Dolomite. Minor oil shows were observed in sandstone

layers of the secondary objective; Alam El Bueib Formation.

Wireline log analysis proved the primary and secondary reservoirs targets to

be water wet, with no observed hydrocarbon accumulations.

Based on wireline log analysis the Umm Habib-2 was plugged and

abandoned as a dry hole.

Post well analysis and mapping suggests that the structure drilled may post-

date the main hydrocarbon expulsion phase from the basin, coupled with

low fault seal integrity and therefore high trapping potential risk.

Washka South -1 well (2006)

The primary objective was the Cenomanian Bahariya Sandstone and the

Aptian Alamein Dolomite. The Dahab and Alam El-Bueib Sandstones were

the secondary targets and lie on the downthrown side of the fault closure.

The well had minor oil and gas shows in the secondary objective sandstones

of the Dahab and Alam El Bueib formations.

Wireline log analysis proved the well to be water wet. Only residual

hydrocarbon bearing formations were observed in secondary objectives.

No tests were performed, and the well was P&A as a dry hole.

6

NW Razzak Block

In overall conclusion it is believed that the lack of hydrocarbons present at

this well location is due to the structural trap post-dating the optimum

hydrocarbon migration phase during late Cretaceous. Alternatively the

structure may have been bypassed/in migration shadow.

Washka SW -1 well (2006)

Washka SW-1 reached a T.D. of 6166 ft in the Cenomanian Lower Bahariya

sandstones.

The primary target of the well was to test Cenomanian sandstones of the

Bahariya Formation on the up thrown side of the southern boundary fault

that was encountered by the Dabaa-3 well. The Cenomanian Abu Roash /G

carbonates were the secondary target. The Alamein Dolomite Formation

had already been tested on the up thrown side of the fault by the Dabaa-3

well and proved to be water wet.

The well had oil and gas shows in the Cenomanian Abu Roash "G" limestone

and Cenomanian Bahariya Formation sandstones.

Log analysis proved the presence of oil in thinly bedding sandstones of the

Bahariya Fm. with an average porosity of 18.7% and average SW of 84%.

MDT pressure data revealed a water gradient with a value of 0.43 psi/ft in

the sandstone of the Bahariya Fm. Three MDT samples were recovered and

proved to be heavy and black oil (residual oil).

Based on log analysis and MDT pressure results Washka SW-1 was plugged

and abandoned as a dry hole.

S. Dabaa 8- -1ST well (2004)

The well was drilled as a vertical well to the top of Masajid Dolomite where

a sever loss of circulation zone was encountered. Later the hole was drilled

as a deviated well to a total depth of 9,518 ft (Paleozoic Basement). The

open hole logs have revealed no hydrocarbon potential in the reservoir

sands of Khatatba, Bahrein and Paleozoic sections. Therefore the well was

plugged and abandoned as a dry hole.

7

NW Razzak Block

Mas-lX well (2003)

The well bottomed in Alam El Bueib #3 at 10,102', with oil shows in Alam El

Bueib sands. Mas-1x well tested the Alamein Dolomite and recovered 745

BOPD, with 136 BWPD. The well was temporarily abandoned.

Zomorod-lX well (2002) The main objective was to test the Alamein dolomite, AEB-1 and Bahariya

sandstone reservoirs on a low relief three way dip closure. The well

bottomed in Alam El Bueib at 9,230'. No oil or gas shows were encountered

in the drilled section.

The well was plugged and abandoned as a dry hole. The absence of

hydrocarbon in the well is most probably due to lack of charge for the

Zomorod low side fault closure.

Marina W-1X well(2001)

The main objectives were to test the Alamein dolomite & AEB-1 sandstones. While drilling, the well had traces of oil and gas shows over Kharita sandstones, Dahab sandstones, Alamein dolomite and AEB sandstones.

Petrophysical evaluation indicated 5 feet of net pay in Kharita with average

porosity of 20% and average water saturation (SW) of 44% and 27 feet of

net pay in AEB#3D with average porosity of 13% of average SW of 40%.

One cased hole test was conducted over two intervals within AEB-3D

sandstones recovered formation water and traces of oil by N2 lifting. Based

on this test and evaluation results, the well was plugged and abandoned as

a dry hole.

The absence of hydrocarbon accumulation in marina west-1x is most

probably due to a limited charge and poor reservoir quality.

Onyx -1X well (2000)

The main objectives were to test the Alamein Dolomite & AEB-1 sandstone

reservoirs at the optimal position of a horst block which is believed to be the

western structural extension of Akik-1x closure (Gas/Condensate discovery).

8

NW Razzak Block

During drilling operation, the well had traces of oil and gas shows over

Kharita sandstone, Dahab sandstone, Alamein Dolomite and AEB-2

sandstone.

Petrophysical evaluation indicated 17 feet of net pay in Alamein Dolomite

Fm. with average porosity of 8% and average SW of 27%.

Cased Hole DST conducted over the upper part of Alamein Dolomite:

Perforated intervals: 8775' - 8760' (15') by N2 lifting recovered small

volume of formation water (Sal. 97,000 ppm Nacl) with no oil or gas shows.

Add perforated intervals: 8745' - 8775' (30') by N2 lifting recovered

formation water (Sal. 100,000 ppm Nacl) and N2. After Acid Job recovered

formation water and N2.

Based on Onyx-1x evaluation and test results the well was plugged and

abandoned as a dry hole.

The presence of Onyx structural closure below the extrapolated OWC

defined in Akik-1x gas/condensate discovery is most probably the main

reason for the absence of hydrocarbon accumulation in Onyx-1x structure.

Washka -2X well (2000)

Open hole test was conducted over the 47' in Alamein Dolomite recovered

270 bbl brine + 10 bbl oil.

Based on hydrocarbon shows and the petrophysical evaluation, which

indicated 62' net pay in Alamein Dolomite, three intervals tested over the

Alamein Dolomite Fm as following (Cased hole DST):

1- Perforated intervals: 7906' – 7918' (12'), By N2 lifting recovered oil for 15

min only then N2. After acid job, lift the well with N2, No flow.

2- Perforated intervals: 7918' - 7952' (34'), By N2 lifting recovered : Minor

amount of oil + 90 % water.

3- Perforated intervals: 7952' - 7966' (14'), By N2 lifting no flow, after acid

job well lifted with N2, Recovered oil (23.4 API)+ 80-95% W.C. (sal.

165.000 ppm Nacl) with fluid level close to surface.

9

NW Razzak Block

Dahab-3X well (1998)

The Dahab-3X was designed to test Dahab structure at Bahariya (2ry) and

Alamein Dolomite (1ry target) levels which was previously drilled by the

Dahab-1X well in a down flank position.

Due to the presence of vugy interval and the presence of weak oil shows, it

was decided to conduct an open hole drill stem test. Set packer at 10474', to

flow to surface and the well reversed out water. The well plugged and

abandoned as a dry hole.

Dabaa -3X well (1992)

The well had a primary objective of testing the AEB-3A & 3E reservoirs. The

secondary objective was believed to exist within AEB-5 sandstone. Dabaa -

3X well was drilled to a total depth of 10500', in the Alam El Bueib

Formation with weak oil shows in the Bahariya, Kharita and AEB-3D

formations. After evaluating the wireline logs it was decided to plug and

abandon the well as a dry hole.

Ie 33-4 "El Garf -2X" well (1988)

The well was recommended to be drilled in order to test the hydrocarbon

potential of the so called "Garf updip" structure, 2.5 kms to the NW of Garf-

1X well which was drilled by WEPCO in 1974 and was abandoned with oil

shows in the Cenomanian reservoirs. New seismic lines showed, on the other

side a culmination to the NE of Garf-1X location, where the "oil leg" was

expected to be found higher. Log interpretation showed several oil bearing

intervals totaling 19 ft., a test was run in the interval Bahariya Fm. and 3

bbls of heavy oil were recovered. The well was suspended as oil producer

after re-evaluation.

Washka -1X well (1971)

The well was drilled in 1971 by Wepco and reached TD in AEB-1. Washka-1x

was drilled based on 2D seismic maps showed that washka-1x location was

the optimum position of the structure. Oil shows recorded over the Abu

Roash/G Dolomite, Alamein Dolomite and AEB-1 sandstones.

10

NW Razzak Block

The well experienced a complete loss of circulation over the middle part of

the Alamein Dolomite and partial losses within the Abu Roash-G Dolomite.

No tests were carried out in any of the interval with shows.

Lack of adequate side seal across the fault closure is the main reason for the

absence of hydrocarbon accumulation in the structure.

Dahab-1X well (1970)

The primary objectives were the Alamein Dolomite which suggests some

reefal buildup over the crest of the structure and the sandstone immediately

underlying the Alamein Dolomite. The secondary objective was the

Cenomanian carbonate and clastic.

Hydrocarbon shows were recorded while drilling the Abu Roash/G, Bahariya,

Alamein and Alam El Bueib#1 Formations.

Two DST were carried out as follows:

1- Lower Cretaceous Alamein Dolomite (11025ft-11120ft), recovered 142 bbl

of formation water (103.000 ppm cl-).

2- Alam El Bueib-1 sand stone of L. Cretaceous (11448 ft-11528 ft),

recovered 111 bbl formation water (111.000 ppm cl-).

Therefore, the well was plugged and abandoned as dry hole. It is concluded

from the study that the prospect was structurally low.

11

NW Razzak Block

Nearby Wells:

WKAN-E-IX (li 29-3) well: drilled in December, 2009 by Apache Corp.,

bottomed in Lower Safa at 14,704'.

Three DST's were conducted in WKAN-E-IX over the AEB-6 Mbr. DST#1

recovered 101 BOPD (API 43.5°) and 4.9 MMSCFPD, DST#2 recovered 145

BOPD (API 46°) and 6.7 MMSCFPD & DST#3 recovered 1714 BOPD (API 43°),

5.5 MMSCFPD. The well is considered as AEB-6 oil and gas discovery.

NTRK-C-lXST4 well: finished in March, 2009 by Apache, bottomed in Lower

Safa sand at 16,182 ft. (MD). The well tested the AEB-6 sands with the rate

of 3487 BCPD and 4.5 MMSCFPD.

Tanzanite-lX well: was drilled in April, 2005 by Khalda Petroleum Company,

bottomed in Alam El Bueib at 12,440'. The well tested the Alam el Bueib-3

recovering 5296 BOPD and 7.4 MMSCFGPD.

Topaz-lX well: was drilled in October, 2001 by Apache, bottomed in Alam El

Bueib at 9,887'. The well tested upper Kharita sands at 800 BOPD (API 44°).

North Alamein-lX well: was drilled in February, 1998 by Repsol, bottomed in

Alam El Bueib at 11,650'. The well tested the Dahab recovering 1032 BOPD,

Alamein Dolomite recovering 6279 BOPD (after acid job) and Alam El Bueib-

1 recovering 627 BOPD.

Kanayes-5 (li 28-1) well: drilled in August, 1991 by IEOC, bottomed in the

Upper Safa Mbr at 15,414', with oil shows in the Alamein Dolomite and

Alam el Bueib sands. The well tested Upper Safa sands and recovered gas

and condensate (26 MMSCFPD and 853 BCPD). The well was temporarily

abandoned.

Kanayes-2 (li 30-1) well: drilled in March, 1990 by IEOC, bottomed in the

Masajid Formation at 13,180'. The well tested Dahab sands at 1260 BOPD@

48/64" and 847 BOPD@ 32/64". IEOC was awarded a development lease

and started production in July 1993 at a rate of 936 BOPD.