South Disouq

South Disouq, Exploration Block, Nile Delta, Egypt

IPR Energy Resources, Ltd. acquired from Sea Dragon Energy Inc. a 45% working interest in the South Disouq Concession, IPR's first in the Nile Delta and first working with EGAS.  The block comprises 1,275 km² of area and is located in the prolific Abu Madi – Baltim trend.  The block is estimated to contain more than 1TCF of resource potential (P10 ).  A 300 km2 3D seismic program is underway and will be followed by drilling.

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