Our presence in Egypt’s highly prolific Gulf of Suez is a critical step towards our long-term growth

Located in the southern region of the Gulf of Suez, the Southeast Ras El Ush Block is an offshore exploration and development block with a total area of 68 square kilometres. The block includes the West Ashrafi discovery and lies within close proximity of the producing fields of East Zeit & Sidki.
 
Pacific oil limited is the operator of the Southeast Ras El Ush Block with a 50 percent working interest and is developing the two existing discovery wells, namely West Ashrafi-1X and West Ashrafi South-1X. Having been tested for hydrocarbons in commercial quantities from the Kareem and Belayim formations, the combined oil production during testing has been indicated at 5,355 BOPD with gas reserves at 18.14 MMSCFD. Additionally, the nearshore area within the block indicates a very high upside for further exploration of Pre-Rift reservoirs for the Nubia and Matulla formations.

50%
Working Interest

Pacific oil is the operator with
50% participating interest
with Zarubezhneft JSC.

68km2
Area volume
The block covers an area of 68 km2 and has commercial oil and gas discoveries
with complete 3d seismic data.
5300
BOPD
Number of Barrels

Two drilled wells within the block have produced more than 5300 barrels of oil per day and 18 million standard cubic feet of gas per day during production testing.

25
MMBBLs
Reserves
The block has proved and probable reserve of
25 mmbbls of oil based on competent persons report.

Our commitment to sustainability is part of our ethos and drives the fundamental principles of our strategy.

Our team is composed of passionate individuals with a holistic approach towards growth and sustainability.

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