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Agiba Develops Iris Field in Record Time Producing 8,500 boe/d

Egypt Oil & Gas

The discovery made in the Masajid Formation, a Late Cretaceous carbonate reservoir, marks a significant milestone in Agibas near-field exploration strategy. Agiba Petroleum, together with its shareholders, has successfully completed the fast-track development of the Iris Field, a major hydrocarbon asset in the Egyptian Western Desert.

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The Value of This LARGE SCALE Gold Deposit Is Getting Ready to Jump

Oil and Gas Investments

With 94% of the resource known to be in mineralized bands, the exploration risk to take this Inferred 5.2 That makes closing the valuation gap with peers easierjust more infill drilling through well known geology. GSHR has only drilled 4km of the immediate 8km Moss corridorso LOTS of exploration potential left.