Over the past decade, the development of Egypt's hydrocarbon resources has seen a significant quantitative rise. Investors lay their aggressive exploration and development strategies, and through intensified campaigns, they strive to achieve their desired targets. However, hydrocarbons are and will always be a non-renewable source of energy, which means the diminution of its resources, is inevitable. Egypt's extant conventional petroleum resources are on the verge of depletion, and experts estimate another five to six years before Egypt's finds itself at a juncture that necessitates the implementation of radical changes to the current regulatory framework to be able to resume upstream activities.