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Egypt: West Kom Ombo aeromag survey starts

Aegean Energy Egypt Ltd., a unit of Energean Oil & Gas SA, has launched a 20,000 line-km high-resolution aeromagnetic survey on 31,520 sq km West Kom Ombo Block 3 west of the Nile in southern Egypt.

The survey, to be completed in October, is designed to identify prospective areas for the next exploration phase, which carries a two exploratory well commitment by Sept. 16, 2014. Aegean Energy is operator with 90% interest, and Groundstar Resources Ltd. has a 10% carried interest.


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