West Kom Ombo block
Groundstar Resources provides update on Egyptian operations
Tuesday, 8th February 2011
Groundstar Resource Limited provides the following update regarding its operations in Egypt. Recent political demonstrations have been restricted to major cities more than 500 kilometers from the Company's drilling locations, which are located in remote locations in the western desert. Company field operations in the West Kom Ombo block in Upper Egypt have not been impacted.
Drilling update on exploration well WKO-X1 in West Kom Ombo, Egypt
Wednesday, 19th January 2011
Energean Oil & Gas provides an update on the drilling of WKO-1X in the West Kom Ombo Block located in Upper Egypt covering a total area of 31,521 km2. The WKO-1X frontier exploration well reached a total depth of 3,253 feet, ahead of budget in terms of both time and costs.
Deed of assignment between Groundstar Resources and Aegean Energy approved by the Egyptian Authorities
Tuesday, 9th November 2010
Groundstar Resources Limited announced that the Egyptian Ministry of Petroleum has approved the deed of assignment which transfers a 60% net interest in the West Kom Ombo block to Aegean Energy.