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EgyptINA has four producing interests in Egypt. During 2007 a totalof 21 development wells were put into production: one wellon the East Yidma block, five wells on the West Abu Garadigblock, six wells on the North Bahariya block and nine wellson the Ras Qattara block.On the East Yidma - Western Desertconcession where INA is the operator with a 50% share, theSidi Rahman-1 well was put into production by the end ofSeptember 2007 and a new oil field was discovered.On the West Abu Gharadig concession, the partnersplanned to drill three new development wells; however,in order to balance the natural decline in production fromthese two oil fields, five wells were drilled during the year.On the North Bahariya concession seven developmentwells were drilled during 2007. By the end of 2007 on thefour fields on this concession there were 13 producing wells,however their yield is dramatically declining and INA isconsidering disposal of licence rights on this concession.On the Ras Qattara concessions there are two oil fields onwhich nine new development wells were drilled out of twelvenew wells that had been planned for drilling in 2007.SyriaOn the Hayan block in Syria INA is the operator with a100-percent share.Production is in course on the oil fields Jihar and Jazal andthe Palmyra gas field.In 2007 INA submitted two Notices of CommercialDiscovery to the Syrian Ministry - for the Jazal field inJanury and for the Mustadira gas-condensate field in themiddle of the year. The development plan for the Jazalfield was prepared in May and the field was put intoproduction by the end of October with the well Jazal-1ST.The location of the other development well Jazal-2 wasselected in September.Drilling of the Jihar-8 well commenced in the middle ofOctober 2007. The selection of the site for the Mustadira-2 well was performed in August and its drilling, whichbegan in the middle of November, is in progress. A newinlet manifold was installed on the oil and gas station(OGS) on the Jihar field so as to enable acceptance ofproduction from the Jihar and Jazal fields.36 Business activities