Regional News: Mediterranean/N. Africa

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San Leon Hits Gas in Morocco amid Buyout Speculation
Wednesday, September 30, 2015 San Leon Energy hits gas in Morocco after receiving a bid approach that could lead to an offer being made for the company.

Sound Oil Makes Board Changes
Monday, September 28, 2015 Sound Oil appoints 2 new non-executive directors following the resignation of Andrew Hockey and Gerry Orbell.

East Libya to Punish Oil Companies Backing Rival Government
Thursday, September 17, 2015 Libya’s internationally recognized government plans to boost oil production five-fold and will punish companies working with a rival cabinet striving to control the divided North African nation’s crude deposits.

Eni CEO Says Egyptian Gas Find Estimate Conservative
Wednesday, September 09, 2015 The estimate for Eni's gas find off the coast of Egypt of 30 trillion cubic feet is "conservative" and could be raised, according to the chief executive of the Italian oil and gas group.

Egypt Aims to Cut Arrears Owed to Foreign Oil Firms to $2.5B in 2015
Wednesday, September 09, 2015 Egypt aims to lower the amount of arrears it owes foreign oil companies to $2.5 billion by the end of 2015, according to petroleum minister Sherif Ismail.