Dana Gas has announced its discovery of a "significant" gas and condensate reserve at its El Basant-2 well in the Nile Delta Concession in Egypt, it has been reported.

Online resource energyme.com notes that the concession reaches a total depth of 3,050 meters and encountered 37 metres of net sand pay with "good porosity and permeability in the Qawasim formation".

And those working in the oil and gas industry may be interested to hear that Dr Hany Elsharkawi, Dana Gas country director in Egypt, said the discovery was "particularly attractive" to the group.

"It shows that our 2008 drilling campaign was correctly conceived and implemented and therefore on the basis of this success we plan to continue with further drilling in this concession," he added.

Meanwhile, Air New Zealand has announced the success of a two hour test flight of one of its Boeing 747s which used a mixture of jet fuel and biofuel to power its engine.

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