Gulf Oil and Gas accountACCOUNT

Quadra Updates Egypt Activities

Source: www.oilegypt.com 2/8/2005, Location: Africa

Quadra Resources Corp. is pleased to provide an update on its 7,500,000 acre NUQRA oil and gas concession located in South East Egypt. The operator Trans Gloge Energy Egypt Inc. has now obtained hard copies of approximately 2,800 kilometers of mid 1990's 2D seismic data. The bid tender for reprocessing 1,500 kilometers to 2,000 kilometers was issued in late November 2004. New seismic shooting is currently planned for the 3rd to 4th quarter of this year.

The lands in the Nuqra Concession are located in southeastern Egypt near the city of Luxor on the east bank of the Nile River and are situated in the heart of the Komombo Basin. The Komombo Basin is a rift basin analogous to the Gulf of Suez Basin in Egypt and the Muglad Basin in Sudan, both of which have major proven oil reserves.

The Nuqra Concession encompasses 7,500,000 acres (approximately 30,000 square kms) of contiguous land. QEL has identified 13 seismically defined exploratory leads from existing technical data. Well data from the Nuqra Concession confirms the existence of Cretaceous and Jurassic sandstone formations which may hold the potential for discovery of significant accumulations of oil reserves.


Drilling News in Egypt >>

Argentina >>  7/13/2020 - President Energy (PPC), the energy company with a diverse portfolio of production and exploration assets focused primarily in Argentina provides an up...
Nigeria >>  7/13/2020 - LEKOIL, the oil and gas exploration and production company with a focus on Nigeria and West Africa, announces that the Otakikpo Joint Venture ("Otakik...

Norway >>  7/9/2020 - Petroleum Safety Authority has given Aker BP consent to use the Maersk Invincible mobile drilling facility for drilling of a pilot hole on the Hod fie...
Norway >>  7/9/2020 - Reference is made to the stock notices on 17 June and on 3 July. The licence has decided to drill a side-track well to further evaluate the size of th...

Cuba >>  7/8/2020 - Melbana Energy Limited has received its first payment from Sonangol in the amount of EUR425,000, pursuant to the Farm-in Agreement executed last m...
Norway >>  7/8/2020 -  Equinor, operator of production licence PL 878, is in the process of concluding the drilling of wildcat well 30/2-5 S. The well was drilled about 17 ...

Related Categories: Artificial Lift  Cementing, Stimulation  Directional Drilling  Drilling  Drilling Engineering & Equipment Systems  Enhanced Oil Recovery  General  Logging, Perforating, Testing  Offshore Drilling  Reservoir/Completion Consultants  Workover & Well Services  Workover Rigs/Services 

Related Articles: Artificial Lift  Cementing, Stimulation  Directional Drilling  Drilling  Drilling Engineering & Equipment Systems  Enhanced Oil Recovery  General  Logging, Perforating, Testing  Offshore Drilling  Reservoir/Completion Consultants  Workover & Well Services  Workover Rigs/Services 


Egypt Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 |

Oil & Gas Projects in Egypt >>

More News

Related Links

AO BJ BW CD CG CI CM DZ EG ET GA GH GM GN GQ GW KE LR LY MA MG ML MR MZ NA NE NG RW SC SD SL SN SO ST SZ TD TN TZ UG ZA ZM
Gulf Oil and Gas
Copyright 2020 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.