Agip discovers more oil in Algeria

Jan 15, 1997 01:00 AM

Jan. 8, 1997 Italian Agip has discovered new oil reserves in Algeria. It said tests showed the well could produce more than 12,000 barrels of oil a day. The well was tapped in the Sahara desert, some 700 km south of Algiers. Agip said it had so far discovered seven oil wells in the region in conjunction with the Algerian state company Sonatrach. Three of which are already in production and currently provide some 50,000 barrels of oil a day.

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