DRAGON OIL
EGYPT - Gulf of Suez
100% WI in ten producing concessions and 1 exploration block. Producing Concessions have a large number of wells and huge facility infrastructure that are operated by GUPCO,a 50:50 JV between Dragon Oil and EGPC.The Exploration block is in shallow water, depth ranging from 10 to 40 meters. Exploration activities in North East Ramadan have resulted in the recent discovery of Al Wasl field.
Relinquished Exploration Concessions
Tunisia
Farmed into Cooper Energy’s Bargou block in 2011; drilled 1
commitment well; concession
ended in August 2019 .
Egypt
Won EZB block in GANOPE 2012 Bid Round; completed
seismic and drilled 2 commitment wells; concession ended in
April 2020.
Algeria
Won Tinhert Nord and Msari Akabli blocks in 2014 4th Bid
Round in partnership with Enel; completed seismic and drilled
3 commitment wells in TN; no seismic or wells drilled in MA;
concessions ended in January 2020.
Philippines
Farmed into Nido’s Block SK63 in 2013; drilled 1 commitment
well; exited block in 2016.