Back to the complete issue
Tuesday, 26 April 2016

Edison drills first exploration well in its concession in second half of 2016

Edison will drill the first exploration well in its Mediterranean concession early in the second half of 2016, sources from EGAS told Al Shorouk. The seismic scanning of the concession, adjacent to Zohr, are promising and indicate large reserves of natural gas, the source added. Edison are looking to complete the analysis of the seismic scans so they can announce the size of the reserves, he added. (Read in Arabic)

Enterprise is a daily publication of Enterprise Ventures LLC, an Egyptian limited liability company (commercial register 83594), and a subsidiary of Inktank Communications. Summaries are intended for guidance only and are provided on an as-is basis; kindly refer to the source article in its original language prior to undertaking any action. Neither Enterprise Ventures nor its staff assume any responsibility or liability for the accuracy of the information contained in this publication, whether in the form of summaries or analysis. © 2020 Enterprise Ventures LLC.