EXPLORATION

Apache's Egyptian perseverance pays off

THE future looks bright for Apache in Egypt. The US major has pumped 1 million barrels of oil in the strife-torn country since November and has reported strong appraisal and development drilling results there after the discovery of two new oil fields.

Anthony Barich

It was an impressive result for the company and a show of perseverance after an Apache employee was killed in Egypt last August during a carjacking, which militants linked to Islamic State claimed credit...

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