IPR Energy Group – Exploration & Production Egypt
Gross Acreage: 24,900 sq. km.; 6.6 million acres
- Current portfolio of Operated and Non-Operated onshore/offshore assets, totaling 14,522 net square kilometers and 3.6 million net acres of oil and gas production and exploration with ten concessions in four regions of Egypt. Anchored by the prolific Western Desert, IPR’s operations also include acreage in the Nile Delta, Gulf of Suez, and Eastern Desert Nile Valley.
- Long track record of steady, science-based growth in proven brown fields, as well as green field development from rank wildcat territories following exiting major oil & gas companies since 1993.
- History of teaming with world class partners to de-risk exploration and optimize production in low-cost environments to generate free cash to pursue and capture undervalued growth opportunities.
- 90% growth in net production with reserve replacement ratios consistently exceeding 100% year over year since 2012
IPR Energy Group – Exploration & Production Pakistan