EPEDECO

  • Transglobe Energy Corporation acquires West Bakr concession agreement in Egypt

    Transglobe Energy Corporation acquires West Bakr concession agreement in Egypt

    Tuesday, 3rd January 2012
    TransGlobe Energy Corporation today announces the closing of the West Bakr acquisition in Egypt from The Egyptian Petroleum Development Co. Ltd. (of Japan) that was completed on December 29, 2011.
  • West Bakr ready for more drilling

    West Bakr ready for more drilling

    Monday, 4th April 2011
    West Bakr Petroleum Company finalized the bid round for drilling of a new exploratory well in the company's acquisition area in the Eastern Desert.
  • Transglobe acquires assets in Egypt

    Transglobe acquires assets in Egypt

    Tuesday, 29th March 2011
    TransGlobe West Bakr Inc (TGWB), a wholly owned subsidiary of TransGlobe Energy Corporation, has entered into a Sale and Purchase Agreement (SPA) to acquire all the Egyptian assets of The Egyptian Petroleum Development Co. Ltd. (of Japan) (EPEDECO) for $60 million plus or minus adjustments.
  • EPEDECO seeks more oil from deeper layers

    EPEDECO seeks more oil from deeper layers

    Tuesday, 23rd November 2010
    EPEDECO, the foreign partner of West Bakr Petroleum Company, bough a new Workover machine to isolate the water layers from the crude oil layers in the explored wells of the company