Oil Deposit Found In Libya

  • Middle East Newsline
  • February 06, 2009
WASHINGTON [MENL] -- Another crude oil deposit has been reported in Libya.
The Canadian firm Verenex Energy has reported discoveries in Area 74 in
Libya's Ghadames Basin. Verenex said the combined maximum flow from the
first 10 discoveries and two appraisal wells in Area 47 reached 99,320
barrels of oil per day.
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