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Apache as Operator Spuds ERB-B-2X in Egypt

02-12-2008

Regal Petroleum announced that Apache East Ras Budran Corp. LDC, as operator of the East Ras Budran Concession in Egypt, has spudded the ERB-B-2X well, which is the third exploration well on the Concession.

The ERB-B-2X well, which is planned to take approximately 35 days to drill, is primarily targeting the Cambrian Naqus-Araba sandstone formation and is expected to be drilled to a total depth of approximately 4,800 feet.