News - Gulf of Suez
Gulf of Suez Saqqara oil field started production on Saturday 17/ 5/2008. The oil field output is to reach over the coming few days 30,000 barrels per day. Reserves are also estimated to be 55 million barrels at total investments of 400 million dollars.
SEATTLE, Sept. 6 /PRNewswire-FirstCall/ -- Mogul Energy International, Inc. (BULLETIN BOARD: MGUY) announced today that it has received notification from project operator Dover Investments Ltd. (Dover) that progress is continuing to be made on the drilling of the EWA-4X exploration well.
SEATTLE, Aug. 21 /PRNewswire-FirstCall/ -- Mogul Energy International, Inc. (BULLETIN BOARD: MGUY) announced today that it has received notification from project operator Dover Investments Ltd. (Dover) that progress is continuing to be made on the drilling of the EWA-4X exploration well.
Three Arab and international oil companies have been awarded concession rights to explore for oil in four zones in both the eastern and western deserts, South of the Nile Valley and the Gulf of Suez.
