The American Energy Energy Company announced that the campaign to dig oil wells in Egypt, which was launched in December 2024, continued during the second quarter of 2025, as the company ended the drilling of six new wells, according to Al -Arabiya.
In the results of its business, the company explained that three of these wells will undergo hydraulic cracking during the third quarter of this year.
It also indicated that the detailed analysis that was conducted in the first quarter of 2025 to assess the capabilities of well stocks, resulted in the implementation of a group of re -completion, reactivation and improving performance, which contributed to achieving an additional increase in production.
The company stated that its production ranges between 9,750 and 11 thousand barrels per day, while its share of this production is between 6.2 and 7.2 thousand barrels per day.
She added that her revenues amounted to 67.2 million dollars during the first half of this year, compared to 72.4 million dollars in the same period last year.
Falco also explained that last July she received $ 5 million of her dues with the Egyptian government.
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