Texas-based IPR Energy to Acquire Onshore Egyptian Assets for $236 Million

Transaction Type
Sellers
Basin
Onshore Egypt
Announce Date
Post Date
Estimated Price
236MM
Description

To purchase onshore Egyptian producing assets (production over 80% gas); includes 100% interest in the El Manzala, West El Manzala, West El Qantara and North El Salhiya concessions. (Expected to close early 2021)