EL DIYUR EXPLORATION LEASE, WESTERN DESERT EGYPT
IPRTOC was awarded the El Diyur Concession – Western Desert- Egypt in May 2000 with an area covering 14,115 Km2. Very successful exploration, development, and water flooding have led to the formation of multiple leases. The drilling of the commitment areas with crude sales being purchased and delivered to Apache’s processing facilities. The JV Company, Qarun Petroleum operates these leases based on a PSA for the current shareholders, IPR and Apache Corporation.