Egypt: Energean’s West Kom Ombo exploration push

Athens-based Energean Oil & Gas has announced a $6m investment programme in its onshore West Kom Ombo Block. The project includes re-interpreting aeromagnetic data, acquiring 400km of 2D seismic and drilling two wells by June 2016. Energean drilled two wells in the first exploration phase, which ran to 2011, and acquired 1,500km of 2D seismic and aeromagnetic surveys. Energean is operator of the licence with a 60% interest. It also holds an 85% interest in the East Magawish Block, as well as acreage in Greece.