Terra Petroleum signs exploration deal in Egypt

Summary

Terra Petroleum has signed a $6.5 million exploration agreement with EGPC to drill three wells and conduct seismic surveys in Egypt's Northwestern El Moghra concession. This marks Terra's first operations in the country.

Recent Coverage

• UK’s Terra Petroleum Debuts in Egypt with Western Desert Exploration Deal

  Egypt Oil & Gas Group • Dec 23

• Terra Petroleum to drill in Egypt’s Western Desert

  Oil & Gas Journal - Drilling & Production • Dec 22