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Oil & Gas

GHP Exploration farming out 50% of its share in West Gebel El Zeit Concession

Posted: March 24, 2020 at 3:36 pm   /   by   /   comments (0)

GHP Exploration is farming out a 50% working interest in its West Gebel El Zeit concession, situated in the prolific Gulf of Suez basin.

GHP Exploration is announcing an opportunity for a farm-in (up to 50%) into its attractive and prospective – West Gebel El Zeit concession, Egypt. The concession is adjacent to producing oilfields in the well-known prolific Gulf of Suez basin.

There are multiple exciting prospect plays identified with significant resource potential. The concession consists of an onshore as well as an offshore area extending into the northern boundary of the giant Zeit bay field. Total acreage is 214 square km.

(Source: Energy-Pedia Opportunities)

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