In late March 2019, Apex International Energy abandoned the West Badr El Din West C-1 (WBED-C1) (Hg 028-1) exploration well in the West Badr El Din exploration block, Abu Gharadiq basin as a dry hole after reaching a TD of 2,774 m in the Kharita Member. The well was spudded on 23 February 2019 with the âECDC-2â land rig. It had a planned TD of 2,783 m and the Turonian Abu Roash C Member as primary objective and the Albian-Cenomanian Kharita Member as the secondary Objective.    Apex International Energy operates the block with a 100% interest.    Background Information    On 27 August 2017, Egypt Oil Ministry announced that Apex International Energy was awarded the West Badre El Din (Block 8) and Southeast Meleiha (Block 9) blocks in the Western Desert as part of the Egyptian General Petroleum Company (EGPC) 2016 Bid Round. The company is committed to invest USD 27. 4 million for the acquisition of a 3D seismic survey and the drilling of six exploration wells during the first exploration phase. The signing bonuses amounted to USD 5.2 million.
Apex International Energy abandoned the West Badr El Din West C-1 (WBED-C1) (Hg 028-1) exploration well in the West Badr El Din exploration block, Abu Gharadiq basin as a dry hole after reaching a TD of 2,774 m in the Kharita Member.