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Tag: IPR Energy
Pharos Energy

Pharos Energy to farm out interest in El Fayum, North Beni Suef Concessions to IPR

Posted: September 15, 2021 at 12:05 pm   /   Oil & Gas

Pharos Energy has announced that the Pharos Group has entered into conditional agreements for the farm-out and sale of a 55% working interest and operatorship in each of the Egyptian El Fayum and North Beni Suef Concessions to IPR Lake Qarun Petroleum, a wholly owned subsidiary of IPR Energy. The consideration implies a gross (100%) value of up to US$115 million for the Assets and consists […]

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Dana Gas

Dana Gas sells its Egypt Onshore Producing Assets to IPR Energy

Posted: October 25, 2020 at 12:52 pm   /   Oil & Gas

IPR Energy Group Announces Acquisition of Dana Gas, Nile Delta, Egypt, Assets IPR Energy Group (“IPR”) announced that it has agreed to acquire Dana Gas Egypt onshore Nile Delta assets, transforming IPR into one of Egypt’s leading local independent oil & gas companies. The transaction is subject to customary regulatory approvals and is expected to […]

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Dana Gas

Dana Gas in talks with IPR Energy over the sale of its Egypt assets

Posted: September 3, 2020 at 2:40 pm   /   Oil & Gas

United Arab Emirates’ Dana Gas is negotiating details of a sale of its Egyptian assets with Texas-headquartered IPR Energy, three sources familiar with the matter said, ahead of a repayment of some $300 million in debt in October. The energy producer – whose main assets are in Egypt and in the Kurdistan Region of Iraq […]

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