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AVA EGYPT AWARDED SECOND WELL WITH INA - NAFTAPLIN

June 2009 - Ava Egypt was awarded a second well with INA – Naftaplin after successful completion of Rizk #1 on February 22th, 2008, with outstanding performance results. The second well, Rizk East-1, spudded June 30th, 2009, targeting total depth of 17,000 feet.