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New oil finds in Western Desert
Egypt, Economics, 3/13/2004
Geologists have uncovered indicators of oil in the Egyptian Western Desert within juristic formations extending in an area of hundreds of kilometers.
Egypt's Ministry of Petroleum has applied high tech to prospect for oil by 3-D seismic survey.
Minister of Petroleum Sameh Fahmi was kept informed of the proceedings of the find.
These indicators are expected to have an influence on exploration as the recent finds were all of gas fields.
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