MOG Energy is thrilled to announce two significant gas discoveries made through the successful drilling of two wells, Aton-1 & KSE-2, in the offshore North Sinai concession in the Eastern Mediterranean. These discoveries mark a significant milestone in our exploration efforts and have notably increased our daily production to 70 MMSCFPD.

The two wells penetrated about 78 m net gas reservoir within Pliocene Sandstone formations. With these additions to our portfolio, we are well-positioned to enhance our operational capabilities and contribute to the energy security of the region.

“The newly discovered reserves underscore our commitment to exploring and harnessing natural gas resources in the Eastern Mediterranean,” said Eng. Raafat El Beltagy, President & CEO. “These discoveries not only boost our production but also demonstrate our ongoing efforts to innovate and deliver sustainable energy solutions. We are excited about the potential these discoveries hold for our growth and for the local economies.”