22 / 37
East Ras Qattara (ERQ) Highlights
Area A Highlights
Source: Company filing.
Shebl DV
Shebl East
Rana DV
RANA SE
Al Zahraa DV
Nea G 5E
Nea G C5
Shahd SE DV
Ghard DV
Shukheir Bay
Kheir
Shukheir NW
Ras Gharib Terminal
Ayun
Kareem
Ummel Yusr
Shukheir
Oil Field
Oil Field
Gas Field
o
Located in the Western Desert around 120 km west of
Cairo
o
Kuwait Energy holds 49.5% non-operating interest
o
Total of 9 discoveries made and has been producing
since 2008
o
Produced crude is processed at a General Petroleum
Company (GPC) processing centre (88 km away) and
limited facilities have been installed on the fields to
date
o
Located in the Eastern Desert operated by Kuwait
Energy operated (70% WI)
o
Potential to obtain gas rights as gas reserves are
present on the asset
o
The Area A crude is treated at on-site facilities and
subsequently exported via GPC’s Ras Shukheir oil
terminal
o
Ongoing water flooding program and gas resource
potential in the area currently untapped
21
East Ras Qattara (ERQ) & Area A