Bapetco and Khalda Invest $23m to Frack for Apollonia Natural Gas

• Wednesday, 26th August 2015
• by Egypt Oil & Gas

Bapecto and Khaleda Petroleum plan on drilling three horizontal wells in the Apollonia field in the Western Desert, reported Al-Borsa. This is to produce natural gas from the layers of limestone characterized by low ...

Agreement on Shale Price with Shell Egypt and Apache

• Monday, 9th March 2015
• by Egypt Oil & Gas

Egypt has set the price of shale gas expected to be extracted from a recent concession to foreign firms at $5.45 per million British thermal units (mmBtu), an official at the oil ministry said on Monday.