New Petroleum Discovery in Abu Sennan

We are and oil and gas company. United’s business model is to hold assets within the oil and gas life cycle to deliver value for the shareholders. 

Borg Al Arab Petroleum Company has achieved a new petroleum discovery in Abu Sennan concession after drilling Al Salemia Well -5 at the Western Dessert, according to a press release.
The new discovery has been put on the production plan at a rate of 4,100 barrel per day (bbl/d) of crude oil and 18 million cubic feet per day (mcf/d) natural gas.
The announcement was made in a report sent from the head of the company, Ashraf Abu Zeina, to the Minster of Petroleum and Mineral Resources, Tarek El Molla.
Borg El Arab Petroleum Company is a joint venture (JV) between the Egyptian General Petroleum Corporation (EGPC) and Kuwait Energy Egypt, and is responsible for operations at Abu Sennan concession.
It is worth noting that Borg El Arab Petroleum Company announced in December 2019 a new petroleum discovery in the ASH-2 area of Abu Senan concession.
 

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