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Ganope International 2009 Bid Round No. 1

Reference: BID8460 7/9/2009, Location: Africa
Category: Exploration

Issue Date: 09/07/2009
Bid Closing Date: 1st November, 2009 before 12 :00 clock noon (Cairo Local Time)
Bond: US$ 50,000
More information Contact: Geol.: Hany Nassar, Vice Chairman for Agreements & Exploration
Telephone: +202 22686657
Fax: +202 22686658

Scope of Work:
Ganoub EL Wadi Petroleum Holding Company (Ganope) invites the qualified Petroleum Exploration Companies to participate in the International Bid Round 2009 to explore/exploit for Gas and Crude Oil under the Production Sharing Agreement (PSA) Egypt model 2009.

The international 2009 Bid Round 1 includes (3) Exploration Blocks in South Gulf of Suez And South Eastern Desert.

Block 1: West Wadi Dib
Area: 506 Km2.
Previous Work: 470 km of 2D seismic coverage from the 1980s and 2004, 2 Drilled Wells.

Block 2: Wadi Abu Had
Area: 258Km2.
Previous Work: 200 km of 2D seismic, 76 sq km of 3D, Gravity Data, 2 Drilled Wells.

Block 3: West Tawila
Area: 88 Km2.
Previous Work: 1,992 km of 2D seismic, 55 sq km of 3D, 2 Drilled Wells, Aeromagnetic Map, Gravity Map.

The two envelopes (Qualification or Commercial) should be Titled (Confidential) and addressed to:
Ganoub El Wadi Petroleum Holding Company.
Chairman of the Board.
Bid Round -1 / 2009.
Address: 19 Mostafa Refaat St., Sheraton Heliopolis Cairo Egypt.

Interested companies can purchase Data Package and/or review the hydrocarbon potential of 2009 Bid Round 1 blocks upon prior request and according to the determined fees. Data available, coordinates of the blocks, Procedures, Main Contract Terms and Conditions and the Egyptian Model Agreement could be obtained through GANOPE website. (www.ganope.com).



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