Texas-based IPR Energy to Acquire Onshore Egyptian Assets for $236 Million
Transaction Type
Sellers
Buyers
Basin
Onshore Egypt
Announce Date
Post Date
Estimated Price
$236.0MM
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)