Tripoli, 2 September:
The Ghadames Basin continues to prove a promising new oil horizon for Libya. The Arabian Gulf Oil Company, . . .[restrict]a wholly-owned NOC subsidiary has just published test results on the F1-NC4 New Field Wildcat well, which has been drilled to 10,300 feet.
These showed the well, 150 miles to the south west of Tripoli has flows of 5,408 b/d of oil, the majority between 36 and 39 API and 14,697 MMCF/D of gas.
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