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Vegas

Contacts

Cairo office
Vegas West Obayed,
Street 263, Building 7H,
New Maadi, Cairo,
Arab Republic of Egypt

Tel: +20223225000

Vegas Oil & Gas S.A.
Kriti Oil & Gas
12A Irodou Attikou Street
GR15124 Maroussi
Athens, Greece

Tel: +302108093300

Description

Vegas is an independent oil and gas company with an impressive track record of growth based on exploration success. Vegas began its involvement in the oil and gas business in Egypt, in 1990 through Kriti Oil & Gas, an affiliate company. Since that time, Vegas has developed the business by acquiring additional exploration concessions in Egypt via licensing rounds. Vegas has drilled some 75 wells as operator of which 24 have been exploration wells and the remainder appraisal and development wells. A total of 14 discoveries have been made resulting in 10 different development leases. This success has yielded a total 2P reserves base of 445 million barrels oil equivalent. The company now holds operated interest in one onshore exploration concession in the Arab Republic of Egypt.

The company was founded in 2003 and is based in Athens, Greece with an additional office in Cairo, Egypt.

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