Petroceltic Announces New Egyptian Exploration License Award
19 September 2014 - 5:42PM
Dow Jones News
LONDON-- Oil group Petroceltic International PLC (EG5A.DB) said
its joint venture with Edison International Spawas the successful
bidder for the North Port Fouad Block in Egypt.
"It is expected that the new license will be formally awarded in
early 2015 following ratification and finalisation of the
Production Sharing Contract," the company said Friday.
-Write to Rory Gallivan at rory.gallivan@wsj.com; Twitter:
@RoryGallivan
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