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Tag: Al Amir SE

SDX Energy raises $11m in funds to support operations in Egypt

Posted: May 24, 2016 at 1:33 pm   /   Oil & Gas

Oil and gas exploration and production company SDX Energy Inc has raised approximately $11 million through a private placement, which will be used to fund its activities in Egypt. “The proceeds will mainly be used on workover and waterflood programs at Meseda and on South Disouq’s 3D seismic program,” said Stephane Foucaud, an analyst at […]

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Circle Oil offers its stake in North West Gemsa field for sale

Posted: May 21, 2016 at 7:10 pm   /   Oil & Gas

Circle Oil Plc, the Irish incorporated oil and gas exploration, development and production company, is looking to sell its 40% stake in North West Gemsa field. The concessions are operated by a joint production company PetroAmir, whose partners include: EGPC, Zhen Hua (NPIC – 50% working interest and operator); Circle Oil Egypt Limited (40% working […]

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Circle Oil completes infill drilling campaign on North West Gemsa field

Posted: May 17, 2016 at 12:59 pm   /   Oil & Gas

Circle Oil plc, the international oil and gas exploration, development and production company announces that the 2016 infill drilling campaign on the North West Gemsa field (Circle Oil 40%, NPIC 50%, SDX 10%) has been completed. The second of the two production wells, AASE-24 has been drilled to TD, completed and tied in to the […]

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