US energy firm IPR announces three new oil discoveries - ENTERPRISE

Sunday, 18 March 2018

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.

IPR continues exploration program in Egypt - OIL & GAS JOURNAL

HOUSTON, June 5 2017
By OGJ editors

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 of the Phillips Petroleum Western Desert assets.

The work program includes onshore exploration, appraisal, and development drilling, and workovers offshore in the Gulf of Suez.

SDX Energy Inc Operations Update - SDX ENERGY INC.

14 November 2016

SDX Energy Inc. (TSXV, AIM: SDX), the North Africa focused oil and gas company, is pleased to provide an operational update on its South Disouq and Meseda concessions in Egypt. 

South Disouq 

As previously announced on 10 October 2016, SDX’s initial assessment of the 3D seismic data at South Disouq was positive and identified potential for both oil and gas bearing prospects. Further interpretation of the data has now indicated several Abu Madi and Kafr El Sheikh prospects displaying strong Class III amplitude versus offset (AVO) responses. Testing of similar responses in offset areas has resulted in numerous discoveries at these stratigraphic levels. These responses have allowed SDX to high grade several prospects for drilling in the near term. These positive AVO responses further derisk the prospectivity in the area, allowing SDX and its partners to achieve the intended goal of the 3D seismic acquisition program. 

Egypt Expands Efforts to Address Natural Gas Demand - FORBES

JUL 28, 2016 @ 08:33 PM
Christopher Coats, CONTRIBUTOR

In hopes of reviving its oil and gas production efforts, Egypt has signed exploration agreements with Cypriot and U.S. firms to assist with onshore projects.

According to media reports, Cairo signed deals with IPR and Cypriot subsidiary Mediterra to help the country reach new production goals, specifically focusing on three exploration wells in sectors 7 and 8 in southern Egypt.

The deals come as Egypt continues to push for a revival of its energy production sector, which largely collapsed following the fall of the Mubarak government in 2011. Since then, Egypt has struggled to meet its rising energy needs, resulting in mounting debt to foreign producers and efforts to curb usage and subsidies to consumers.