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.
Alan Petzet | Chief Editor Exploration
Alan Petzet is Chief Editor-Exploration of Oil & Gas Journal in Houston. He is editor of the Weekly E&D Newsletter, emailed to OGJ subscribers, and a regular contributor to the OGJ Online subscriber website.
Petzet joined OGJ in 1981 after 13 years in the Tulsa World business-oil department. He was named OGJ Exploration Editor in 1990. A native of Tulsa, he has a BA in journalism from the University of Tulsa.
