Merlon to Increase Fayoum Investments to $100m
Monday, 13th June 2016
Merlon, an American company working in research and exploration in Egypt, allocated around $100m to implement production and development operations in its concession area in Fayoum in the next fiscal year 2016-2017 (FY), compared to $85m in the last FY.
Petrosilah Drills new Well in Fayoum Development Blocks
Wednesday, 2nd May 2012
Petrosilah Petroleum Company has completed the drilling of a new developmental well onshore Gindi Basinin located in the company's Fayoum development blocks in Western Desert. The operation comes in the context of Petrosilah's drilling plan for the 2011-2012 fiscal year.