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14.07.2006

Results of exploration well A1-NC210 in Libya

Hellenic Petroleum S.A. reports that the A1-NC210 exploration well being drilled by Woodside Energy (N.A.) Ltd., in NC210 in Libya’s Murzuq Basin has reached a total depth of 1042 metres.
The OD&E Rig 25 is drilling the well, which is located approximately 1000 km south of Tripoli and 150 km south of the producing Al Wafa Gas Field. 
 
Wireline Log data indicates that the well had encountered seven separate hydrocarbon bearing zones.
A production test of the deepest zone confirmed the presence of a gas column and flowed 5,5 million standard cubic feet of gas per day (MMscfd) through a 52/64 inch choke. The Absolute Open Flow is calculated to be 19,9 MMscfd.
Woodside Energy (N.A.) Ltd. is drilling the well as Contractor under an Exploration and Production Sharing Agreement with the National Oil Corporation of the Great Socialist People’s Libyan Arab Jamahiriya. 
 
Interests in the Exploration and Production Sharing Agreement and the associated joint venture are:
Woodside Energy (N.A.) Ltd        45% (operator)
Repsol Exploración Murzuq, S.A. 35%
Hellenic Petroleum S.A.                20%
 

Relevant Content

09.09.2024

Transfer of own shares

HELLENiQ ENERGY Holdings S.A. (the "Company"), announces that, in accordance with the decision of the Annual General Meeting that took place on 27 June 2024, on 6 September 2024, it proceeded with the distribution, free of charge, of a one-time allotment (through an over-the-counter transaction) comprising 80,000 of the Company's own, common, registered shares, among eight beneficiaries (the "Beneficiaries") who served as non-executive members of the preceding Board of Directors (with a tenure until 27 June 2024), with each Beneficiary receiving 10,000 shares, as follows:

04.09.2024

Purchase of own shares

HELLENiQ ENERGY Holdings S.A. (the "Company"), announces that, within the framework of its share buyback program, during the period from 30/08/2024 to 03/09/2024, it purchased through the Athens Exchange a total of 80,000 own shares as follows:

30.08.2024

Initiation of Buyback program

HELLENiQ ENERGY Holdings S.A. (the "Company"), pursuant to a) the decision of the Annual General Meeting of shareholders of 27 June 2024 (the "General Meeting") which approved the adoption of a share buyback program (the "Buyback Program") and granted the necessary authorization for its implementation to the Board of Directors and b) the decision of the Company's Board of Directors on 29 August 2024, hereby announces its intention to commence the implementation of the Buyback Program. The purpose of the Buyback Program is to facilitate the free distribution of the Company's shares a) to the non-executive members of the Board of Directors whose term of office ended on 27 June 2024, in accordance with the relevant decision of the General Meeting and b) to its executives, as well as to executives of affiliated entities, within the framework of its long-term share distribution program, as established by the General Meeting.