Egypt’s Ganoub El Wadi Announces Extension of Bid Round Until May

Egypt’s Ganoub El Wadi Announces Extension of Bid Round Until May

Ganoub El Wadi Petroleum Holding Company (Ganope) announces an extension for the deadline to submit proposals to compete in its 2014 International Bid Round to explore for oil and gas. The new deadline will be extended two months, to close on Sunday, May 31st of this year. The Bid Round includes Ten (10) Exploration blocks in the South Gulf of Suez, West Nile and East Nile, as shown in the map and according to the Production Sharing Model Agreement applied in the Arab Republic of Egypt.

Area (KM2)
1 W. GEBEL EL-ZEIT 132

2 S. E. RAS EL-USH 68

3 North East Geisum 257

4 N. MAGAWISH 194

5 N. W. SHADWAN 286

6 N. W. SEABIRD 191

7 N. EL-BARAKA 11860

8 S. EL-BARAKA 10900

9 S. E. QENA 15745

10 EL KHARIT 14270

Interested Companies can review the technical data and purchase the Data Packages related to the Bid Round blocks upon their prior request and according to the relevant stated fees starting Tuesday, December 30th, 2014 at Ganope Premises:
El Nour Street from El Nozha Street, Nasr City, Cairo, Egypt P.O.B.: 3011 El Horria.

Blocks Principal Data Package, Bid Round Procedures Terms and Conditions and the Model Agreement can be obtained through Ganope website: www.ganope.com

The extension of the closing date will be until Sunday, May 31st, 2015 at 12:00 noon, Cairo local time

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