Interview with Eleanor Rowley Capricorn Egypt’s Managing Director24 Jan 2022 09:21
Building on Egypt’s Oil & Gas Potential: An Interview with Eleanor Rowley Capricorn Egypt’s Managing Director
(got it today from advfn forum)
https://egyptoil-gas.com/features/building-on-egypts-oil-gas-potential-an-interview-with-eleanor-rowley-capricorn-egypts-managing-director/
Its very interesting to read the whole interview:
introduction:
Taking pride in working closely with Egypt’s oil and gas sector, Capricorn Energy is working hard to build on the success that the industry has enjoyed. Our interview with Capricorn Egypt’s Managing Director Eleanor Rowley reveals the company’s strategy to continue its work in enhancing the sector and unlocking the potential that the Egyptian market can use to become more globally competitive.
Capricorn Energy PLC is the new name as of 13th December 2021 of Cairn Energy PLC, and I will discuss the reasons for the name change later in the article. What is important to know about us is that we are one of Europe’s leading independent oil and gas exploration, development and production companies. We have been listed on the London Stock Exchange for more than 30 years and are a member of the FTSE 250 index. The company has explored for, discovered, developed and produced oil and gas in a variety of locations throughout the world as an operator and partner in all stages of the oil and gas lifecycle. Our production, development, and exploration activities are focused on Egypt, with further exploration activities in the UK North Sea, West Africa, and Latin America.
Highlight:
Our plans can be summarized into 3 main areas: increase production, add value through exploration, and decarbonize.
Through BapetCo, our plans to increase production are already being realized as we approach 100,000 boepd. In 2022, we will add three rigs to the two rigs we currently have drilling, which will allow us to drill 40 – 50 wells next year across development, water injection, near field exploration, and wildcat exploration. In addition, we will take our workover rig count from four to five.