2023
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September: Gas production commences from ENI-operated East Obaiyed concession
Read more →September: Gas production commences from ENI-operated East Obaiyed concession
Read more →August: Oil discovered in Qattara depression with SEMD-3X exploration well; 5th SEM development lease awarded
Read more →January: Working interest production reaches c. 11,000 bopd as Apex becomes 8th ranked producer in Egypt
Read more →January-June: Closed acquisition of 6 concessions from ENI
Read more →December: Signed RBL facility with Mauritius Commercial Bank for funding of ENI acquisition
Read more →May: Signed purchase agreement with ENI to acquire interests in 6 concessions in the Western Desert
Read more →January: Awarded East Siwa exploration concession in 50:50 partnership with Italian major ENI s.p.A.
Read more →August: Commenced production from Fajr field, record time from discovery to production for new Egypt producing company
Read more →March: Awarded Fajr development lease (additional development leases followed)
Read more →January: Second SEM exploration well, SEMZ-11X, discovered net oil pay in Middle Bahariya, tested at c. 2,200 bopd
Read more →Drilled first exploration well in SEM concession, SEMZ-1X, an oil discovery
Read more →Signed two exploration concessions in Egypt’s Western Desert, Southeast Meleiha (SEM) and West Badr el Din (WBED) Established Cairo office
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