Sources at the Egyptian General Petroleum Company (EGPC) informed Egypt Oil & Gas (EOG) that the company is preparing to issue a new bid round before the end of the year. The Bid Round will include 15 Exploration blocks, of which 5 are currently approved by the Egyptian military, while the rest are still pending. The blocks will be in the Gulf of Suez and Western Desert, and the agreement model will be the commonly used Production Sharing  Agreement  (PSA). Fundamental data, coordinates of the blocks, procedures and Main Contract Terms & Conditions will be obtained through EGPC website also EGPC Model Agreement will be available at November 2015.