$5,000,000
Egypt North Thekah Offshore (Block 7)
Energean is divesting its interest in North Thekah Offshore block. The block lies in deep water and is along trend from numerous gas discoveries. Despite very few wells drilled in the block, it contains three small gas fields.
Details
Asset Name
: North Thekah Offshore (Block 7)
Ref
: AF-EGY-NTOB7
Continent
: Africa
Country
: Egypt
Location
: Offshore
Project Phase
: Exploration
Latitude
: 33.0017
Longitude
: 32.3490
License Start
: 2012
License Expiry
: 2023
Operator
: Energean
Farmout company
: Energean
Work Programmes
: Development
Back Costs
: > $10m
Equity Offered
: 80 - 100%
Deal Status
: Open
FarmoutAngel Valuation
: $5,000,000 - $10,000,000
FarmoutAngel confidence
: Medium
Consideration Sought
: $5,000,000