SDX Energy Provides Financial & Operating Results for the 3 & 9 Months Ended 30 September 2022

YTD 9 months 2022 key highlights:  ·      Production of 512 bbls/d and 19.3mmscf/d (3,729 boe/d), 3% higher than mid-point full year guidance of 3,480 – 3,795 boe/d. ·      EBITDAX of US$21.6 million and operating cash flow … Read More

EGYPT: ASH-4 Well to be Tied into the Existing Facilities in the Abu Sennan licence

–       Preliminary test results from the ASH-4 well-test indicate a flow-rate of 2,101 bopd and 3 mmscf/d (c. 2,700 boepd gross; 594 boepd net) from the Alam El Bueib (AEB) reservoir … Read More

MOROCCO: Chariot Limited, Mohammed VI Polytechnic University & Oort Energy to Collaborate on Green Hydrogen Pilot projects

Chariot Limited, Mohammed VI Polytechnic University (UM6P) and Oort Energy  collectively have announce they have agreed to collaborate on green hydrogen pilot projects in Morocco. Utilising a polymer electrolyte membrane … Read More

MOROCCO: Sound Energy Announces Project Financing Update

Farm-Out Update  The Company announced on 9 August 2022 that it had initiated a formal farm-out process for the Tendrara Production Concession and the surrounding Grand Tendrara and Anoual exploration permits.  … Read More

SUDAN: Wildcat Petroleum Signs MoU with Oil Ministry to Increase Production by 100,000bopd

Wildcat Petroleum has signed an MOU to work in collaboration with the Sudanese Oil Ministry to advance the development and commercial exploitation of hydrocarbon assets in Sudan. The MOU is … Read More

VAALCO Energy Announced the Closing of the Strategic Combination with TransGlobe Energy Corporation

The combined Company is a leading African-focused operator with a strong production and reserve base, a diverse portfolio of assets in Gabon, Egypt, Equatorial Guinea and Canada, and significant future growth potential. KEY HIGHLIGHTS … Read More

ALGERIA: Eni Announces the Start of Production from 2 Gas Fields within the New Berkine South Contract

Eni announces the recent start of production from two gas fields related to the Berkine Sud contract in Algeria, just 6 months after the contract was awarded through an accelerated … Read More