In late December 2018, Qarun Petroleum Co (Qarun) suspended (awaiting test) the Bolt 118-1 exploration well in the East Bahariya Ext.III (Bolt) concession, Abu Ghardiq Basin. The well was spudded on 15 November 2018 with the âEDC-63â land rig and drilled to a TD of 3,597 m in the Albian Kharita formation. It had a planned TD of 2,819 m and the Aptian Alam El Bueib as the objective.  Qarun Petroleum Co is a JV between the EGPC, Apache Oil Egypt, Dana Petroleum and Sinopec IP Corp.  Background information  Qarun was awarded the East Bahariya Ext.III (Bolt) concession in the Abu Ghardiq Basin, Western Desert in August 2018.
Egypt (Gindi B.) ? op. by APACHE (50.25%, KNOC 25.0%, SIPC 24.75%, QPC 0.0%) in Qarun (Dev) block