Project Profile
Location: Gulf of Suez region, Egypt
Area: 996 km2
Start-up Year: -
The West Esh el Mellaha-2 PSA (WEEM-2) covers 996 km2 in the onshore Gulf of Suez region in Egypt. The WEEM-2 block is adjacent to Lukoil\'s WEEM-1 producing oil field. Aminex has an effective carried interest of 10% in these wells through its 12.5% shareholding in an associated company, Aminex Petroleum Egypt Ltd. (APEL). APEL holds 80% of the WEEM-2 PSC and other shareholders in APEL bear the Company’s share of exploration through to first commercial discovery of oil and gas.
Operators:
Aminex Petroleum Egypt Ltd. (APEL): Operator with 80% interest
Other shareholders: with 20% interest