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Oil & Gas Exploration and Production Businesses for Sale and Investment Opportunities in Cairo

Showing 1 - 1 of 1 Oil & Gas Exploration and Production Businesses for Sale and Investment Opportunities in Cairo. Buy or Invest in an Oil & Gas Exploration and Production, Offshore Gas Production, Onshore Gas Production, Offshore Oil Production, Onshore Oil Production or a Unconventional Oil & Gas Production Business.

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Onshore Oil Production Company Investment Opportunity in Cairo, Egypt

Business seeks investment to acquire 30% non operating shares in oil concession. 500 bbl/day production.
- Solar/oil energy company that specializes in off-grid solar systems, on-grid solar systems, solar pumps, and heaters. - Our company works with government and industrial clients and generates an annual turnover of EGP 5 million. - We are looking for an investor to start a new project in the oil field. - The project: To acquire 30% (non-operating share) for oil concession in Western Desert in Egypt. (18 km2 area) western desert. Have already acquired the service agreement contract for the production of 500 bbl/day and for delivering new services by using solar energy units as an assistant energy source for diesel generators that saves 35% of oil production cost plus it is green, maintenance-free, and a renewable & sustainable energy source. - Project team: The oil concession team consists of two companies that have partnered with EGPC- Egyptian General Petroleum Corporation. The first company is the operator company, which is one of the best Egyptian companies in the oilfields, with experience exceeding 60 years, and it owns 30% shares of the oil concession. We are the second company and we are a group of petroleum engineers, renewable energy engineers, geologists, and competent engineers and we will own 30% shares of the oil concession. The third partner is EGPC-Egyptian General Petroleum Corporation and they own a 40% share of the oil Concession. - Marketing: EGPC - Egyptian General Petroleum Corporation is our only client as it buys all production. So there is no market plan issue. - Funding value: We are looking for an investment of Minimum USD 5 million (20%) sharing to Maximum USD 12 million (45%) sharing. - Post obtaining a 30% share in the oil concession, our annual turnover is expected to be USD 5.5 million. The net return of revenue IRR is expected at 30%. - Promoter experience: More than 22 years in oil field experience. - Awards: Best Arabian Startup Company In Solar energy efficiency from Arabian League. - Attached is the feasibility study for the oil concession project. -More document upon request.
8.6   Cairo
Run Rate Sales
Nil
EBITDA Margin
Nil
Financial Investment
USD 4 Mn for 45%
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