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3rd draft-Apache Egypt Newsletter

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KPC 2016 Highlights<br />

<strong>Apache</strong>’s other joint venture, Khalda Petroleum Company (KPC), has also had a great year. KPC<br />

2016 undertakings varied from high-rate wells from all basins to high-rate wells from all major<br />

reservoirs. Also KPC focused on early field development, step-out opportunities, infill locations,<br />

and waterflood optimization. This focus has led to a continued development at Ptah, WKAL-A,<br />

Herunefer, and Razzak. An additional 12 wells at Salam will result in an expansion of the<br />

waterflood. KPC successfully drilled and completed two Apollonia horizontal wells and is proud to<br />

advise that <strong>Apache</strong> and Khalda are the first companies to introduce the frac horizontal technology<br />

to <strong>Egypt</strong>. This technology will increase production of unconventional gas and decrease uncertainty<br />

for drilling. KPC’s success established a positive reputation at the Ministry of Petroleum. It also<br />

advanced EGPC’s confidence in <strong>Apache</strong> and KPC.<br />

2016 success in a nutshell

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