Energean | Egypt Oil & Gas - Part 4

Energean, Neptune Terminate Edison Acquisition Deal 

Energean Oil and Gas plc terminated its agreement with Neptune Energy for the acquisition of its Edison Exploration and Production’s (E&P) UK and Norwegian subsidiaries.

Energean Excludes Algeria’s Assets From Edison Acquisition

Energean Oil and Gas PLC and Edison E&P excluded Edison’s Algeria assets from the scope of the acquisition.

Energean FPSO Hull Departs from China

Energean Oil and Gas plc, the oil and gas producer focused on the Mediterranean, announced that its FPSO departed from the COSCO yard in China.

Energean Enters SPA to Sell Edison’s UK, Norwegian Subsidiaries to Neptune

Energean Oil and Gas plc has entered a conditional Sale and Purchase Agreement (SPA) to sell the UK and Norwegian subsidiaries of Edison Exploration and Production (E&P).

Energean Acquires Edison for $750 MM

Edison exploration and production (E&P)’s portfolio of assets includes producing in in the growing eastern Mediterranean gas hub, with a significant presence in Egypt’s offshore basin.

Energean to Buy 45% Stake in Gaza Marine Field

Energean is ready to purchase a 45% stake in the offshore Gaza Marine gas field, pending approval by Palestinian and Israeli authorities.

Greece’s Sole Oil Producer Increase Output by 30%

Greece's sole oil producer, Energean Oil & Gas, has stepped up daily production by about 30% since January, as the debt-ridden country seeks to tap into its limited oil reserves.

Energean Appoints New Country Manager Egypt

Energean Oil & Gas, an exploration and production company focused on the Mediterranean and North Africa, has appointed Dr. Medhat Tarakhan as Country General Manager in Egypt, reported Oil & Gas Financial Journal.

Energean Oil & Gas extends exploration permits in West Kom Ombo Concession

Energean Oil & Gas announces that its subsidiary Aegean Energy Egypt Limited commences the 2nd Exploration Phase of West Kom Ombo Block Concession License ending September 2014..

Energean begins drilling 2nd well in Egypt block

Energean provided an update on the drilling of the WKO-3X in the West Kom Ombo Block covering a total area of 31,520 km2 and located in Upper Egypt. The WKO-3X was spud.

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