United Oil & Gas’ acquisition of Rockhopper to close by 4Q2019
United Oil & Gas’ acquisition of Rockhopper Egypt “progressing well”: Rockhopper Exploration’s sale of its Egypt business to Irish energy company United Oil & Gas is on track to be completed by the end of 4Q2019, Rockhopper said in a statement yesterday. Rockhopper and United had signed a USD 16 million share purchase agreement in […]
United Oil & Gas announces acquisition of Rockhopper Egypt for $16 million
Rockhopper exits Egypt: Interest in Abu Sennan concession sold to United Oil & Gas in $16 million deal. Rockhopper Exploration has struck a deal to sell off its interest in the Abu Sennan concession in Egypt to fellow London-listed company Untied Oil & Gas. Headlines Conditional acquisition by United of Rockhopper Egypt for US$ 16 […]
Egypt signs $10 mn E&P agreement with Rockhopper, Kuwait Energy, Dover
The Egyptian General Petroleum Corporation EGPC signed a USD 10 million agreement with British Rockhopper Exploration, Kuwait Energy and Canada’s Dover Corporation for oil and gas exploration in the Abu Sennan concession in the Western Desert, according to an Oil Ministry statement on Saturday. The agreement entails the drilling of four wells and includes a […]
Rockhopper announces six-month drilling programme at Abu Sennan concession
Rockhopper Exploration plc, the oil and gas company with key interests in the North Falklands Basin and the Greater Mediterranean region, is pleased to provide the following operational and corporate update in relation to its Egyptian portfolio. Abu Sennan, Egypt (22% working interest) Year to date average daily production from the Abu Sennan concession has […]
Kuwait Energy looking to sell Egypt assets – sources
Kuwait Energy looks to spin-off Egyptian assets: Kuwait Energy has hired investment bank Perella Weinberg Partners to advise on possibly divesting its stakes in Egypt and Iraq, sources close to the matter tell Reuters. Plans include spinning off Egypt assets that include interests in four oil and gas fields, including the Abu Sennan concession. Kuwait […]
Rockhopper provides Egypt drilling program for 2018
Four wells targeted this year on two onshore concessions. Rockhopper Exploration, the oil and gas company with key interests in the North Falkland Basin and the Greater Mediterranean region, has provided the following operational and corporate update: Improved production from Abu Sennan with current production at 4,000 boepd gross (880 boepd net to RKH) Continued […]
GlobalConnect completes acquisition of 25% interest in Abu Sennan Concession in Western Desert
GlobalConnect announces final Egypt Government approval of its acquisition of 25% participating interest in the Western Desert Abu Sennan Concession. GlobalConnect Ltd., a newly established Oil and Gas Exploration and Production company with focus on MENA (Middle East and North Africa) region, has announced the final approval of Egypt government of its acquisition of 25% […]
Rockhopper Exploration gets mixed signals in Egypt
Rockhopper Exploration has been dealt mixed results in its Egypt campaign. The firm has a 22% working interest in the Abu Sennan drilling concession, onshore Egypt. Testing on the firm’s Al Jaraa-9 well came back wet. However, production from the six fields within the Abu Sennan concession remains stable, averaging 3,300 barrels of oil equivalent […]
Rockhopper announces update on Abu Sennan drilling campaign
AIM-listed Rockhopper Exploration, the oil and gas company with key interests in the North Falkland Basin and the Greater Mediterranean region, has provided the following update concerning the Abu Sennan drilling concession, onshore Egypt, in which the Company has a 22% working interest. Production from the six fields within the Abu Sennan concession remains stable, […]
Rockhopper Exploration provides update on Abu Sennan operations, receivables
Rockhopper Exploration, the oil and gas company with key interests in the North Falkland basin and the Greater Mediterranean region, is pleased to provide the following operational and corporate update. Abu Sennan, Egypt (RKH 22% working interest) Al Jahraa SE-2X Exploration well Al Jahraa SE-2X, situated on the Abu Sennan-5 (Al Jahraa South East) Development […]