MOROCCO: Predator Oil & Gas Receives £900,000 loan for Expansion of the MOU-1 testing programme & MOU-3 long-lead drilling items

Highlights  ·    Commencement of MOU-2 drilling currently projected for mid-December 2022  ·    All remaining well inventory and drilling materials on way to Morocco  ·    Exercise of options and Directors’ loan will provide aggregate additional … Read More

EGYPT: bp awarded new exploration blocks in Offshore Nile Delta

bp has been awarded two exploration blocks in the Mediterranean Sea, offshore Egypt by the Egyptian Natural Gas Holding Company. The Northwest Abu Qir Offshore Area – in which bp, … Read More

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