Workover Rig at SUDR-1 discovery
Revival of Sudr-1
Mediterra's technical team revived the 1946 discovery well SUDR-1 to resume oil production contributing to Egypt's economy - a successful start of an exciting development program spanning over years to come....
Welcome to Mediterra Energy
Mediterra Energy Corporation ("Mediterra") is a Calgary, Canada based International Oil and Gas Company focused on exploration and development opportunities in the Middle East and North Africa ('MENA").
Our board of directors and Management team bring significant operating experience with proven track record in the region. This has enabled Mediterra to continue to generate exceptional reserves and production growth with one of the lowest operating, and finding and development costs in the region.
We have build an impressive portfolio of assets with near-term and long-term growth prospects for years to come. Our current portfolio of assets consists of
Sudr, Matarma, Asl development leases - 100% operated working interest.
Al Baraka and West Baraka Development Leases - a 100% operated working interest in light oil producing Komombo Concession in Egypt.
Block 7 and 8 - 40% Working Interest in 5.6 million acres of exploration land
With our strong shareholder base and access to both capital locally and globally, Mediterra is well positioned to expand on its current asset base through strategic acquisitions and organic production growth through the drill bit in our focus area.