Abu Qir gas field for sale

Dec. 11, 2008
Edison is considering selling a 25% stake in the Abu Qir gas field offshore Egypt to Electricite de France.

Offshore staff

ROME -- Edison is considering selling a 25% stake in the Abu Qir gas field offshore Egypt to Electricite de France.

Umberto Quadrino, Edison's CEO, assessed the acquisition cost at $8/boe and $10 for development costs for a total of $18/boe.

12/11/2008