The move can be achieved by digging five exploratory and developmental wells and completing six wells at a total cost of 28 million dollars, added Masoud during the General Assembly meeting of Western Desert Operating Petroleum Company (Wepco) to approve the budget of Wepco-run BAPETCO for the Fiscal Year 2022/2023, added the statement.

Minister of Petroleum and Mineral Resources Tareq el Mulla directed to up crude oil production rates and reserves, given the fact that Badr-1 oil field in the Western Desert is now fully owned by the State, said the statement.