UOG Completes Rockhopper Egypt Acquisition
Abu Sennan concession's production averaged 7,900 barrels of oil equivalent per day (boe/d) in the first half of February 2020
Abu Sennan concession's production averaged 7,900 barrels of oil equivalent per day (boe/d) in the first half of February 2020
Rockhopper Exploration plc is currently producing 340 barrels per day (b/d) of oil from its existing ASH-1ST2 well at Abu Sennan concession.
Rockhopper Exploration Company announced that production from the Abu Sennan concession has reached around 3,800 barrels per day (b/d), 22% of which is the company's share.
Egypt's oil minister, Tarek El Molla, has signed a $10 million exploration and production (E&P) agreement covering the Western Desert's Abu Sennan concession.
Rockhopper Exploration Plc announced that production levels from its Egyptian asset improved as oil prices rose.
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