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Tag: IPR
IPR

IPR executing its largest drilling, operational campaign in Egypt

Posted: September 5, 2018 at 1:17 pm   /   Oil & Gas

IPR Drilling Away in Egypt: US independent IPR Energy Group continues to execute its largest drilling and operational campaign since entering the upstream sector in Egypt in 1993, with the drilling of 25 of 40 planned wells during the first half of 2018. According to the company this pace of activity will continue through the balance […]

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US energy firm IPR announces three new oil discoveries in Egypt

Posted: March 18, 2018 at 4:39 pm   /   Oil & Gas

US energy firm IPR has made two new oil discoveries in the Western Desert’s Ras Qattara concession and a third in the South Disouq concession, IPR Vice President Elsayed Shahin tells Al Shorouk. The company, which drilled 23 wells last year, has already begun production on the first two discoveries, according to Shahin. (Source: Enterprise.press)

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IPR continues exploration program in Egypt

Posted: June 6, 2017 at 4:38 pm   /   Oil & Gas

Irving, Tex., independent IPR Inc. reported continued drilling success and a series of Western Desert and Nile Delta, Egypt, discoveries through this year’s first 5 months. IPR’s calendar year drilling program in Egypt budgeted for the drilling of 23 wells, making 2017 one of the most active years operationally for IPR since its 1993 acquisition […]

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IPR

IPR Energy Group announces its third discovery of 2017 in Egypt

Posted: June 5, 2017 at 5:32 pm   /   Oil & Gas

Texas Independent IPR Energy Group (IPR) reports continued drilling success and a series of Western Desert and Nile Delta, Egypt, discoveries through the first five months of the year. IPR’s 2017 calendar year drilling program in Egypt budgeted 23 wells, making this one of the most active years operationally for IPR since its 1993 acquisition […]

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North Bahariya

PICO Cheiron announces acquisition of Sahara North Bahariya

Posted: May 10, 2017 at 3:20 pm   /   Oil & Gas

PICO Cheiron Group announced that it has completed the corporate acquisition of Sahara North Bahariya, giving the Group ownership of a 50% Working Interest and Operatorship of the North Bahariya concession in the Western Desert. The North Bahariya concession covers an area of around 177 square kilometers and contains six oil fields, namely Abrar, Ferdaus, […]

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mop

Egypt signs two exploration agreements with IPR and Mediterra

Posted: July 26, 2016 at 3:32 pm   /   Oil & Gas

Egypt’s Minister of Petroleum and Mineral Resources, Tarek al-Molla, signed two agreements for oil and gas exploration in upper Egypt with U.S. company IPR and Cyprus subsidiary Mediterra, the ministry said in a statement on Tuesday. The agreements include the drilling of three exploration wells located in sectors 7 and 8 in the country’s southern […]

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IPR completes first horizontal well in Egypt's Western Desert

Posted: September 14, 2015 at 7:45 pm   /   Oil & Gas

After 21 days IPR TransOil Corp. (IPRTOC) has successfully drilled and completed the first horizontal well in the Northeast Alamein (NEAL) field of the Yidma/Alamein Concession in Egypt’s Western Desert, the NEAL-15H. The NEAL-15H targeted the Abu Roash “G” (ARG) Dolomite with a total measured depth of 8,100 ft, yielding a horizontal section (leg) of […]

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Results of Ganope Bid Round announced, awards five concessions worth $100 million

Posted: August 3, 2015 at 9:37 pm   /   Oil & Gas

Egypt has awarded five oil and gas concessions that are expected to bring in minimum total investments of about $100 million with bonuses of $3.7 million to drill 16 exploration wells for oil and gas, having received seven offers for 5 blocks, the oil ministry said in a statement on Monday, as the country seeks […]

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