Khalda Petroleum has made a discovery in its Bravo South 1X NFW, encountering oil & gas in what is understood to have been a Cretaceous-Jurassic interval. The well was drilled on the Khalda Offset PSC, located in the Matruh Basin. It was spudded on 21 March 2018 and reached a TD of 4,572m in the Jurassic Yakout Formation. Operations were carried out by the Egyptian Drilling Company #57 rig. The discovery lies 2.5km SW of the company's 2012 Bravo 1X (TD 4,932m) oil & gas discovery and ~4km east of the 2014 Herunefer East 1X (4,500m TD) oil & gas discovery. Bravo South 1X is the first well drilled on the exploration lease part of the concession in 2018. Equity in the Khalda consortium is split between Apache (33.5%), Sinopec (16.5%) and EGPC (50%, carried). 
Bravo South 1X NFW Khalda Petroleum has made a discovery encountering oil & gas in what is understood to have been a Cretaceous-Jurassic interval