Egypt: United Oil and Gas announces Abu Sennan update and approval of award of development lease over ASD-1X discovery
AIM-listed United Oil & Gas has provided an update on the Abu Sennan Licence, onshore Egypt. The Minister of Petroleum has approved the award of a development lease covering the ASD-1X discovery, which has commenced production with initial gross rates of 1,295 bopd (285 bopd net to UOG's working interest).
Source: energy-pedia.com