GREY:SDRYF - Post by User
Comment by
Whitehellon Aug 26, 2013 11:04am
349 Views
Post# 21697562
RE:buyer?
RE:buyer?from the 51-101's report of SDX :
"The corporation crude oil production from the NW Gemsa concession is currently marketed to EGPC pursuant tot the terms of the NW Gemsa Concession agreement. The NW Gemsa Concession agreement sets the selling price for crude oil at the East Zeit index blend less a 0,25 $ Marketing fee per barrels, which translated into a 2012 average montly Brent North Sea price less approximately 4,28 $ per barrel
The corporation's crude oil production from the Kom Ombo Concession is currently marketed to the Egypt State-owned Ganoub El Wadi Petroleum Holding ("Ganope") pursuant to the terms of the Kom Ombo Concession agreement. The Kom Ombo Concession agreement sets the selling price for crude oil at the East Gharib index blend price, which translated into a 2012 average montly Brent North Sea Price less approximately 4,26 $ Per barrels
The corporation's crude oil production from the Shukheir Marine concession is currently marketed to EGPC Pursuan to the terms of the Shukheir Marine Concession agreement. The shukheir Marine Concession Agreement sets the selling price for crude oil at the East Gharib index blend price, which translated into a december 2012 Monthly Brent North Sea price less approximately 9,42 $ Per Barrels"
Both Ganope and EGCP are Gouvernment of Egypt Controlled corporations..
White