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Area A Overview
The Area A development area lies in the Eastern Desert and
is operated by Kuwait Energy with a 70% revenue working
interest
The area comprises several producing fields and production
is 100% oil
Potential to obtain gas rights as gas reserves are present on
the asset
License expiry for most fields is June 2023, with a 10 year
extension option subject to General Petroleum Company
(GPC) approval
The Area A crude is treated at on-site facilities and
subsequently exported via GCP’s Ras Shukheir oil terminal
A comprehensive water flooding programme was put in
place to improve recovery factors and offset the decline of
the more mature fields
Asset Highlights
Location Map
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Ownership Summary
Partner
Revenue Working Interest
Kuwait Energy (Operator)
70%
Petrogas
30%