LONDON (Thomson Financial) - Regal Petroleum PLC said Apache East Ras Budran
Corp LDC, the operator of East Ras Budran Concession in Egypt, has plugged and
abandoned the ERB-B-1X well after unsuccessfully spudding it.
The oil and gas exploration company, which holds 25 pct working interest in
ERB Concession, said the ERB-B-1X well is the second of two committed wells in
the initial exploration period of the ERB Concession.
An additional exploration well, ERB-B-2X, is now under consideration to be
drilled in late 2007 if a suitable drilling rig can be mobilised to the area.
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