Egypt Oil & Gas (EOG) learned that Agiba Petroleum Company will issue a tender to lease a new rig to execute its plan for the current fiscal year in the Eastern Desert. The company will drill a number of crude oil development wells with investments worth $1.3m, drilled at depths approaching 4,000ft, scheduled for November, expecting to extract 6.2 thousand b/d of crude.
Agiba to Issue New Tender for Rig
![Agiba to Issue New Tender for Rig](https://egyptoil-gas.com/wp-content/uploads/2015/01/pumping-oil-rig-at-sunset-connie-cooper-edwards-750x498.jpg)
Egypt Oil & Gas 8798 Posts