United Oil and Gas ASD-1X Well Test Update & Submission of Notice of Commercial Discovery

United Oil & Gas has provide the following update on the testing of the ASD-1X exploration well in the Abu Sennan concession, onshore Egypt and the spudding of the AJ-8 … Read More

ALGERIA: Sonatrach Seizes Sunny Hill Energy Gas Asset Over US$1 Billion Claim.

Sonatrach, Algeria’s national energy company, has terminated the contractual interest held by the U.K. company Sunny Hill Energy through its wholly owned subsidiary Petroceltic Ain Tsila in the Ain Tsila … Read More

EGYPT: United Oil and Gas Reports Material Upgrade to Abu Sennan Reserves

Highlights: ·    Independent reserves and resources report, relevant to end 2020, by Gaffney Cline & Associates  indicates material increase in reserves at Abu Sennan: o  24% increase in Abu Sennan Gross 2P … Read More

Zenith Energy Awarded Extension of SPA for acquisition of SLK from KUFPEC

Zenith Energy Ltd. has announced that its wholly owned subsidiary Zenith Energy Netherlands B.V. has signed an extension agreement in respect of the conditional sale and purchase agreement (SPA) it signed … Read More

EGYPT: United Oil and Gas Makes Discovery at ASD-1X Well Abu Sennan Concession

Highlights: ·    Preliminary results suggest the ASD-1X exploration well encountered a total of at least 22m net oil pay interpreted across a number of reservoirs, including the Abu Roash C (AR-C), … Read More