AGOCO Reports New Oil & Gas Discovery

The Arabian Gulf Oil Company (AGOCO), a wholly owned subsidiary of Libya's National Oil Corporation (NOC), has reported that it has drilled the F1-NC4 new field wildcat well to a total depth of 10,300 feet.

The well, located in Ghadames Basin approximately 150 km Southwest of Tripoli City, had oil and gas flows as follows:

(Source: National Oil Corporation)

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