Tag Archive

DEA Deutsche Erdoel AG turns 120

DEA Deutsche Erdoel AG turns 120

January 10, 2019 No Comments

The oil and gas production company DEA Deutsche Erdoel AG turned 120 years today. DEA is one of the most long-standing E & P companies in the world and was one of the first players at the dawn of the commercial oil production era. In Germany, DEA has provided important economic stimulus and made a […]

SDX Spuds Ibn Yunus-1X well, Egypt

SDX Spuds Ibn Yunus-1X well, Egypt

March 26, 2018 No Comments

SDX Energy Inc. (TSXV, AIM: SDX), announced that it has spud its Ibn Yunus-1X exploration well at South Disouq, Egypt. The Ibn Yunus-1X well, anticipated to take approximately 30 days to drill,will be targeting the same conventional natural gas bearing Abu Madi intervals discovered in the SD-1X well in April 2017. This is the first […]

Middle East and North Africa (MENA) Energy Investment Outlook

Middle East and North Africa (MENA) Energy Investment Outlook

March 22, 2018 No Comments

Total energy investments in the Middle East and North Africa could approach the 1 trillion US$ mark over the course of five years, according to the latest edition of the MENA Energy Investments Outlook published by the Arab Petroleum Investments Corporation (APICORP). This is in spite of uncertainties that have been clouding the regional outlook. […]

Oil discovery at Rabul 5 Well

Oil discovery at Rabul 5 Well

March 14, 2018 No Comments

SDX Energy Inc. (TSXV, AIM: SDX) announced that an oil discovery has been made at its Rabul 5 Well in the West Gharib Concession in Egypt (SDX 50% Working Interest & Joint Operator). The well was drilled to 5,280 feet total depth and encountered approximately 151 feet of net heavy oil pay across the Yusr […]

Total acquires a 16.33% stake in the Waha Concessions in Libya

Total acquires a 16.33% stake in the Waha Concessions in Libya

March 2, 2018 No Comments

Total has acquired Marathon Oil Libya Limited which holds a 16,33% stake in the Waha Concessions in Libya. This acquisition will give Total access to reserves and resources in excess of 500 million barrels of oil equivalent, with immediate production of around 50.000 barrels of oil equivalent per day (boe/d) and a significant exploration potential […]

NEPTUNE COMPLETES ACQUISITION OF ENGIE E&P INTERNATIONAL SA

NEPTUNE COMPLETES ACQUISITION OF ENGIE E&P INTERNATIONAL SA

February 20, 2018 No Comments

Neptune Energy Group (“Neptune” or the “Company”), announced the completion of the acquisition of ENGIE E&P International SA (“EPI”). The transaction sees Neptune become an international independent E&P company across the North Sea, North Africa and South East Asia, producing 154,000 net barrels of oil equivalent per day in 2017. Neptune’s new global platform offers […]

SDX Spuds KSS-2 well, Morocco

SDX Spuds KSS-2 well, Morocco

February 2, 2018 No Comments

SDX Energy Inc. (TSXV, AIM: SDX), the North Africa focused oil and gas company, has spud its KSS-2 development well on the Sebou permit in Morocco. The KSS-2 well is the sixth in the Company’s nine well campaign. The well is anticipated to take 10-15 days to drill and if successful is expected to be […]

Gas discovery at Sebou permit in Morocco

Gas discovery at Sebou permit in Morocco

November 13, 2017 No Comments

SDX Energy Inc. (TSXV, AIM: SDX), the North Africa focused oil and gas company, announced that a gas discovery has been made at its KSR-15 development well on the Sebou permit in Morocco (SDX 75% Working Interest). The KSR-15 well was drilled to a total depth of 1,774 meters and encountered 17.2 meters of net […]

SDX spuds KSR-15 development well in Morocco

SDX spuds KSR-15 development well in Morocco

October 28, 2017 No Comments

SDX Energy Inc., the North Africa focused oil and gas company, is pleased to announce the spud of its KSR-15 well on the Sebou area in Morocco. The well is anticipated to take 21-30 days to drill and complete. If successful the well will be completed, flow tested and connected to the existing infrastructure. We […]

The 5 Countries That Could Push Oil Prices Up

The 5 Countries That Could Push Oil Prices Up

October 25, 2017 No Comments

Oil prices appear to be stuck in the $50s per barrel, but that doesn’t mean there aren’t serious supply risks to the market. An unexpected disruption could occur at any moment, as has happened in the past, leading to a sudden and sharp jump in prices. Geopolitical tension has been largely irrelevant since the collapse […]

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