IPR Group Company News

Recent Articles

Results 26 articles shown

IPR Strikes Major Gas Discovery in Egyptian Desert
Monday, December 30, 2013 IPR reports the discovery of a significant Gas Condensate field in its Alamein Concession located in the Western Desert of Egypt.

IPR Finds Additional Oil Field in Egypt's Western Desert
Thursday, November 04, 2010 IPR has discovered another oil field on the heels of the Alexander field discovery in the prior quarter.

IPR Scores Another Alam El Bueib Discovery in Egypt's Western Desert
Thursday, September 02, 2010 IPR, and its partner, Sojitz Oil and Gas, have discovered another oil bearing structure in the underlying Alam El Bueib sands in the Yidma-Alamein License in Egypt's Western Desert.

IPR Scores Hat Trick Onshore Syria at Block XXIV
Monday, March 08, 2010 IPR Mediterranean Exploration and partner ONGC Videsh have made three consecutive oil and gas discoveries in Syria's Block XXIV.

IPR Scores Major Jurassic Discovery with Zain-1X in Egypt's Western Desert
Monday, December 01, 2008 IPR completed testing of the wildcat discovery well Zain-1X, the second deepest well ever drilled in the Western Desert of Egypt.

IPR Makes Second Discovery at North Ramadan Concession
Thursday, November 06, 2008 IPR Energy Red Sea has made its second oil discovery in the North Ramadan Concession located in the Gulf of Suez, Egypt.

IPR Executes CEOP for Tranquilo Block in Chile
Thursday, May 15, 2008 IPR and its partner Manas Petroleum have executed an exploration contract for the onshore Tranquilo Block in the Magallanes Basin of the Chilean Antarctic region.

International Oil Companies Contract to Start Exploration in Magallanes
Monday, May 05, 2008 This mechanism is contemplated in the Chilean constitution to promote the participation of private-sector companies in the exploration and production of hydrocarbons in Chile.

IPR-Manas Scores First Exploration Block in South America
Tuesday, November 20, 2007 A consortium between Improved Petroleum Recovery and Manas Petroleum Corporation awarded the onshore Tranquilo Block (1) by ENAP in the first exploration round in Chile.

IPR Acquires Santos USA Interests
Thursday, September 27, 2007 IPR North America Holdings recently acquired 100% of the stock ownership of Santos USA's natural gas exploration and production assets and select holdings of Santos TPY Corp.

IPR and ONGC Make Gulf of Suez Oil Discovery
Thursday, April 05, 2007 Texas Independent, IPR, and partner, Indian super-major ONGC Videsh Limited (OVL), have made a significant new oilfield discovery in their first exploration well in the Gulf of Suez concession, North Ramadan.

OGDCL Announces Guddu Farm-in
Monday, February 26, 2007 Oil & Gas Development Company Limited (OGDCL) has acquired 70% Working Interest along with operatorship in Guddu Block from IPR Transoil Corporation (IPRTOC).

IPR Drilling Campaign Nets Results in Egypt's Western Desert
Wednesday, August 30, 2006 IPR, a Texas Independent, has continued to make significant strides in the North Bahariya Concession in the Western Desert of Egypt.

IPR Expands Oil & Gas Exploration in USA
Wednesday, June 21, 2006 Improved Petroleum Recovery (IPR) has expanded oil and gas exploration in the United States after several years of successful discoveries and development operations internationally in North Africa, the Middle East and Southeast Asia.

IPR Makes Significant Discovery in Egypt's Western Desert
Thursday, May 11, 2006 IPR has made a significant new pool discovery in a frontier area of the Western Desert of Egypt, known as the North Bahariya Concession.

IPR Discovers Alamein Dolomite Production in North Ras Qattara Concession
Tuesday, November 01, 2005 Texas independent, IPR, has tested a commercial oil discovery in its North Ras Qattara Concession in the Western Desert of Egypt. IPR was awarded the North Ras Qattara Concession consisting of two non-contiguous Blocks (I & II) in 1998.

IPR Increases Presence in Egypt
Monday, August 15, 2005 IPR inked two new Production Sharing Agreements with the Egyptian Government on August 8, 2005. The two Agreements signed by Egypt's Minister of Petroleum, His Excellency Sameh Fahmy, and IPR's President and CEO, Dr. M. K. Dabbous, marked IPR's seventh and eighth Concession Agreements in the Arab Republic of Egypt.

IPR Makes Significant Oil find in Egypt's Western Desert
Wednesday, June 08, 2005 IPR has made a significant new oil discovery in an underexplored frontier area of the Western Desert of Egypt, known as the El Diyur Concession, as reported through its operator Apache Corporation.

IPR Awarded Coveted Gulf of Suez Block
Friday, February 25, 2005 Texas Independent, IPR, through its subsidiary, IPR Energy Red Sea, Inc., was informed by the Egyptian General Petroleum Corporation (EGPC) that it was the selected bidder of the North Ramadan, Gulf of Suez, Egypt Concession - Block No. 6.

IPR Transoil Scores Back-to-Back in Egypt's Western Desert
Thursday, September 02, 2004 IPR Transoil and partner EGPC have successfully drilled and completed back-to-back infill development wells, Alamein-31 and Alamein-33, in the Alamein field of the Western Desert of Egypt.

IPR Discovery in N. Bahariya Triggers Early Production Plan
Thursday, July 22, 2004 IPR reports that they have successfully completed the drilling of their fourth exploration well, El-Rawda-1, in the North Bahariya Concession, Western Desert, Egypt.

MOU Inked Between ONGC & IPR for Commercial Alliance
Tuesday, April 06, 2004 A Memorandum of Understanding was executed between ONGC and IPR International granting IPR "Most Favored Client" status and enabling ONGC access to IPR's technology for application in ONGC fields and work centers for value addition in different activities of the E&P sector.

IPR Scores Its Largest Egyptian Western Desert Discovery
Thursday, March 11, 2004 Texas Independent IPR, reported through its Operator (Sipetrol International S.A.), that they have completed the drilling of their exploration well (Ferdaus-1) in the North Bahariya Concession, Western Desert, Egypt.

IPR Transoil Drills Fourth Consecutive Discovery in Egypt
Wednesday, February 04, 2004 IPR Transoil has successfully drilled and completed the Alamein-32 infill development well in the Alamein field of the Western Desert of Egypt.

IPR Wins Syrian Exploration License
Tuesday, January 20, 2004 IPR, through its subsidiary IPR Mediterranean Exploration Ltd. (IPRMEL), signed the Exploration Concession Agreement for Block XXIV with Syrian Ministry officials.

IPRTOC Strikes Oil with the Ganna 1X Well in Egypt
Tuesday, December 30, 2003 IPR Transoil has recently made a discovery in Egypt's Western Desert with its Ganna-1X exploration well.