Vegas Oil and Gas
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High Quality Content by WIKIPEDIA articles! Vegas Oil and Gas S.A. is a company based in Egypt focusing on petroleum exploration. Headquartered in Athens, but mainly operating from the Cairo suburb of Maadi. Vegas is owned by the Vardinogiannis family. Vegas is an E&P group of companies with assets in USA, Egypt and Yemen. It is 50% shareholder and operator of the NW Gemsa concession, Circle Oil have a 40% interest and Sea Dragon Energy have the remaining 10%. Oil production from the NW Gemsa concession should soon exceed 7000 bopd. The Al Amir field within NW Gemsa, which is running with an…mehr

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High Quality Content by WIKIPEDIA articles! Vegas Oil and Gas S.A. is a company based in Egypt focusing on petroleum exploration. Headquartered in Athens, but mainly operating from the Cairo suburb of Maadi. Vegas is owned by the Vardinogiannis family. Vegas is an E&P group of companies with assets in USA, Egypt and Yemen. It is 50% shareholder and operator of the NW Gemsa concession, Circle Oil have a 40% interest and Sea Dragon Energy have the remaining 10%. Oil production from the NW Gemsa concession should soon exceed 7000 bopd. The Al Amir field within NW Gemsa, which is running with an early production system, contains eight wells and the ninth is being drilled (Jan 2010), which is called Geyad-2. All gas currently produced from the field is flared, due to sub-economic, low volumes.