TransGlobe Energy Corporation has programmed the sum of $57.7MM for its 2022 capital program (before capitalized G&A) this includes $33.1MM for Egypt and $24.6MM for Canada. The 2022 Plan was prepared to focus on value accretive projects within the Company’s portfolio, maximize free cash flow to direct at future value growth opportunities, to increase the Company’s […]
Pharos Energy plc, an oil and gas exploration and production company, issues the following trading and operations update to summarise recent operational activities and to provide trading guidance in respect of the financial year to 31 December 2021. This is in advance of the Company’s Preliminary Results on 16 March 2022. The information contained herein […]
Chariot the Africa focused transitional energy company has announced the completion of the successful gas drilling operations, on the Anchois gas project within the Lixuslicence, offshore Morocco. Chariot has a 75% interest and operatorship of Lixus in partnership with the Office National des Hydrocarbureset des Mines (“ONHYM”) which holds a 25% interest. Anchois-1, the original discovery well was drilled […]
Transglobe Energy has continued to use the EDC-64 rig in its Eastern Desert drilling campaign, managing to drill and case three additional development wells in K-Field and H-Field during the quarter. Eastern Desert (100% WI) K-66 was drilled to a total depth of 1,809 meters, encountering good gas and oil shows in the Asl-A, Asl-B, […]
SDX Energy has announced the completion of drilling at the MSD-21 infill development well on the Meseda field in its West Gharib concession, Egypt (SDX: 50% working interest). MSD-21 encountered the primary top Asl Formation reservoir at 4,040ft MD (-3,251ft TVDSS) and reached a total depth of 4,740ft. The well encountered 62.3ft of good-quality, net […]
Sound Energy, the energy transition company, has disclosed the entry of binding conditional agreements in respect of a US$18 million Phase 1 Tendrara LNG Development loan note financing and that, with the other remaining conditions precedent to the Phase 1 LNG gas sales agreement announced by the Company on 29 July 2021 (LNG GSA) now […]
United Oil & Gas has released an update on the drilling of the Al Jahraa-13 development well (AJ-13) in the Abu Sennan licence, onshore Egypt.The AJ-13 well, which is a follow up to the successful Al Jahraa-8 well, safely reached a total depth of 3,840m, several days ahead of schedule and under-budget. The well has […]
Chariot has announced the arrival of Stena Don drilling rig at its location in the Lixuslicence, offshore Morocco, to carry out drilling operations on the Anchois gas development project. Chariot has a 75% interest and operatorship of Lixus in partnership with the Office National des Hydrocarbureset des Mines (ONHYM) which holds a 25% interest. Anchois-2 gas appraisal […]
The Chief Executive Officer of Sonatrach, ToufikHakkar, and the Chief Executive Officer of Eni, Claudio Descalzi, in the presence of the Minister of Energy and Mines Mohamed Arkab and the Ambassador of Italy to Algiers Giovanni Pugliese, have signed a new oil contract related to the onshore Berkine basin area, where Eni has been a […]
The Company has entered into the GSA, which is in addition to the conditional Phase 1 micro liquified natural gas TE-5 Horst development related gas sales agreement entered into by the Company with AfriquiaGaz and announced by the Company on 29 July 2021, alongside its state-owned Tendrara Production Concession partner ONHYM (Office National des Hydrocarbures […]
