Project Profile
Location: onshore Nile Delta Egypt
Area: 1,275 km²
Reserves: 1TCF of resource potential
Production: 500-600 bpd of condensate and 1.55-1.7 mcm per day of gas (estimated)
Start-up year: 2H 2018
The South Disouq Block is located onshore Nile Delta Egypt and comprises 1,275 km² of area. The block is situated in the prolific Abu Madi – Baltim trend, it is estimated to contain more than 1TCF of resource potential (P10). A seismic acquisition programme was completed on the 12th June 2016. The programme consisted of the acquisition of 300 km2 of 3D data and has been completed safely, under budget and ahead of the anticipated schedule. The initial data set is of good quality and clearly indicates the presence of the prolific Abu Madi trend within the block. The Company intends to use the processed data to build a prospect inventory with a view to selecting a location for a fully carried exploration well, which is anticipated to be drilled in late 2016.
Operators:
SDX Energy Inc; Operator with 55% interest
IPR Energy Resources: 45% working interest