Middle East Economic Survey
VOL. LIII
No 46
15-Nov-2010
EGYPT
Apache Completes BP Western Desert Assets Acquisition
Apache Corporation has completed its acquisition of BPs oil and gas operations, acreage and infrastructure in Egypts Western Desert. Under the $650mn deal the US company acquires four development leases and one exploration concession with combined proven reserves of 20mn barrels of oil equivalent, 59% of which is liquids. The acreage covers approximately 1,596 sq km. The assets...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!