Egypt launches new bid round for Brownfields in Gulf of Suez, Eastern Desert
Announcement of 2023 International Bid Round for Brownfields (Gulf of Suez & Eastern Desert) The Egyptian General Petroleum Corporation (EGPC) invites Oil and Gas companies to participate in the 2023 International Bid Round for Brownfields which includes (8) Eight brownfields, (7) Seven of them under the supervision of SUCO (Two Fields) and OSOCO (Five Fields) […]
TransGlobe Energy announces its Egypt operations update
TransGlobe Energy has announced an update on its operations in Egypt and Canada. All dollar values are expressed in US dollars unless otherwise stated. OVERVIEW Production averaged 12.1 MBoepd in Q2, 2022 to 11 June; Drilled and cased four Egypt Eastern Desert development wells in Q2, 2022 to date; and The Company sold a ~451 Mbbl […]
SDX Energy completes drilling of MSD-24 well at West Gharib Concession, Egypt
AIM-listed SDX Energy, the MENA-focused energy company, has announced the completion of drilling at the MSD-24 infill development well on the Meseda field in its West Gharib concession, Egypt (SDX WI: 50%). MSD-24 encountered the primary top Asl Formation reservoir at 4,089ft MD (3,276ft TVDSS) and reached a TD of 4,625 feet MD on 5 June 2022. The well […]
SDX Energy commences oil production at MSD-25 well, West Gharib concession
AIM-listed SDX Energy, the MENA-focused energy company, has announced the commencement of oil production at the MSD-25 infill development well on the Meseda field in its West Gharib concession, Egypt (SDX: 50% working interest). MSD-25, which encountered the primary top Asl Formation reservoir at 4,109ft MD (3,361ft TVDSS) and reached 4,385ft TD on 22 February 2022, after drilling through […]
TransGlobe Energy announces its 2021 year end reserves
TransGlobe Energy has announced the results of its independent reserves evaluation for the year ended December 31, 2021 as prepared by GLJ Ltd. All dollar values are expressed in US dollars unless otherwise stated. HIGHLIGHTS Proved Developed Producing (‘PDP’) gross reserves increased 30% to 19.9 MMboe from 15.3 MMboe at year end 2020. Total proved (‘1P’) gross reserves increased […]
SDX Energy completes drilling at the MSD-25 well in West Gharib
AIM-listed SDX Energy, the MENA-focused energy company, has announced the completion of drilling at the MSD-25 infill development well on the Meseda field in its West Gharib concession, Egypt (SDX: 50% working interest). MSD-25 encountered the primary top Asl Formation reservoir at 4,109ft MD (3,361ft TVDSS) and reached a TD of 4,385ft MD. The well encountered 84.8ft of good-quality, […]
TransGlobe Energy announces Eastern Desert contract execution
TransGlobe Energy has announced execution of the new concession agreement consolidating and amending its three existing Eastern Desert concession agreements (West Gharib, West Bakr and North West Gharib). All dollar values are expressed in US dollars unless otherwise stated. Production Sharing Contract Finalization TransGlobe has signed the Agreement which was ratified into law in December 2021 by […]
TransGlobe announces amendment of Egypt’s Eastern Desert Production Sharing Contracts
TransGlobe Energy announces ratification of the consolidated and amended Eastern Desert Production Sharing Contracts. TransGlobe Energy has announced the ratification of the consolidated and amended Eastern Desert Production Sharing Contracts. Production Sharing Contract Ratification TransGlobe has received notification that its agreement with the Egyptian General Petroleum Corporation (‘EGPC’) to merge, amend and extend its three existing Eastern Desert concessions […]
SDX Energy spuds MSD-21 development well at West Gharib concession, Egypt
AIM-listed SDX Energy, the MENA-focused energy company, has announced the spudding of the MSD-21 infill development well on the Meseda field. The well is the first, in a fully funded, 12 well development campaign on the Meseda and Rabul oil fields in the West Gharib concession, Egyptian Eastern Desert. The development drilling campaign is aimed at growing production […]
TransGlobe agrees with EGPC to merge, extend & modernize its Eastern Desert Concessions
TransGlobe Energy Corporation announced it has reached an agreement with the Egyptian General Petroleum Corporation (“EGPC”) to merge the Company’s three existing Eastern Desert concessions (the West Gharib, West Bakr and North West Gharib concessions) into a new modernized concession agreement (the “Merged Concession” or “Agreement”). The Agreement is subject to the usual Egyptian Parliamentary […]
