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APA Apace Media

0.875
0.00 (0.00%)
17 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Apace Media LSE:APA London Ordinary Share GB00B0PCZJ47 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.875 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Egypt Signs 4 Oil, Metals Exploration Deals Worth $34.5 Million

20/08/2009 3:22pm

Dow Jones News


Apace Media (LSE:APA)
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Egypt has signed four deals for petroleum and metals exploration worth a total of $34.5 million, the Oil Ministry said Thursday.

The first deal, worth $15 million, involves digging six wells in Siwa in the Western desert.

It is a joint project between the Egyptian General Authority For Petroleum, Egyptian Company Thurwa and gas company Apache Corp. (APA), the ministry said in a statement.

The second deal, worth $7.5 million, involves digging four wells in the western desert. It is a joint project between the Thurwa and Apache, the ministry added. The third deal, worth $7.5 million, involves drilling six wells in al-Sallum area, in the Western desert. It is a joint project between Thurwa and Apache.

The last deal, worth $4.5 million, involves searching for gold in the Eastern desert. It is a joint project between the Authority of Material Wealth and a Cypriot company.

-By Shereen El Gazzar, contributing to Dow Jones Newswires, +201 2429 8286, Shereen.elgazzar@gmail.com

 
 

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