Crosco Provides Drilling, Workover Services in Egypt's Western Desert

Crosco Integrated Drilling & Well Services Co., Ltd. is providing drilling and workover services for Khalda Petroleum Company, a Joint Venture of Apache Corporation and the Egyptian General Petroleum Corporation ("EGPC"). The drilling and workover services are being provided in Khalda Petroleum Company's concession areas in the Western Desert region of Egypt, approximately 500 kilometers west of Cairo.

Drilling services are being provided with Crosco 1000 HP Ideco 301 (Ideco H-44-CD) and Crosco 900 HP Skytop 3 (Skytop Brewster RR 850). Workover services are being provided with Crosco Cardwell 9 (Cardwell KB 210A) and Crosco Cardwell 10 (Cardwell KB 210). The drilling and workover services are being provided in the Western Desert region.

Petar Vuckovic, General Manager of Crosco's Egyptian branch, stated, "Crosco is extremely pleased to be given the opportunity to provide drilling and workover services to Khalda Petroleum Company. Crosco has five drilling rigs and two workover rigs in Egypt providing services for four operators: Khalda Petroleum Company, RWE Dea, INA and IEOC. We are looking forward to providing our clients with both individual and integrated oilfield service solutions."

Crosco is an integrated onshore and offshore drilling and well services contractor. The company has a fleet of 51 modern drilling, workover and geoservice rigs as well as one semisubmersible and one jackup. Crosco also provides crew services to Noble jackup rig Harvey Duhaney and provides, manages and maintains drilling, completion and workover services on ENI's Libyan Sabratha drilling and production platform. In addition, with state-of-the-art western equipment, Crosco provides the following services: well testing, coil tubing, nitrogen, cementing, stimulation, logging, mud, coring, fishing and directional drilling.

Crosco is currently providing services in Oman, Qatar, UAE, Syria, Egypt, Libya, Equatorial Guinea, Russia, Italy, Hungary, Bosnia and Herzegovina, Slovenia and Croatia. Crosco has been providing services internationally since 1958 and has provided services in over 25 countries for many of the world's most recognized oil companies. The company has ISO 9001, ISO 14001 and OHSAS 18001 certification from Bureau Veritas Quality International London. CROSCO has an average annual revenue surpassing US$ 200 million. The company's headquarters are located in Zagreb, Croatia.