Apache Corporation is an oil and gas exploration and production company with operations in the United States, Canada, Egypt, and the United Kingdom.
Apache has 21 years of exploration, development and operations experience in Egypt and is one of the largest acreage holders in Egypt’s Western Desert. At year-end 2016, the company held 4.8 million gross acres in 23 separate concessions. Development leases within concessions currently have expiration dates ranging from four to 20 years, with extensions possible for additional commercial discoveries or on a negotiated basis. Approximately 63 percent of the company’s acreage in Egypt is undeveloped, providing considerable exploration and development opportunities for the future. In December 2016, Apache was notified by the Egyptian Ministry that it was the successful bidder in two new concessions, which will add an additional 1.6 million gross undeveloped acres to its portfolio.
APACHE EGYPT COMPANIES, No. 11, Street 281, New Maadi, Cairo, Egypt
Tel: +20 2 2 519 3835