Asset report

EPSA South (En Naga)

Loading current market price

Get this report

Loading current market price

Get this report as part of a subscription

Enquire about Subscriptions

Already have subscription? Sign In

Further information

Pay by Invoice or Credit Card FAQs

Contact us

For further information about this report submit the form below.

Report summary

The EPSA South contract area comprises two blocks - NC177 and Concession 72. International Petroleum Libya discovered the En Naga reservoirs within block NC177 in 1998. The field's development was approved by NOC in January 2000, and it was brought onstream in March 2003. En Naga oil is exported via the main Waha pipeline and sold as part of the Es Sider blend at the Es Sidrah Terminal on the Libyan coast. In June 2008, Petro-Canada signed new contracts for its Libyan concessions whereby existing concession licences were converted to EPSA IV terms and a 30 year licence extension was granted. There are now six EPSA contracts areas (EPSA North, EPSA West, EPSA Central, EPSA East, EPSA South East and EPSA South), five of which are producing. Petro-Canada paid a US$1 billion non-recoverable signature bonus as part of the deal, over a five-year period. The new terms took effect from January 2008.

What's included

This report contains

  • Document

    EPSA South (En Naga)

    PDF 4.41 MB

  • Document

    EPSA South (En Naga)

    XLS 892.50 KB

  • Document

    EPSA South (En Naga)

    ZIP 5.18 MB

Table of contents

Tables and charts

This report includes 29 images and tables including:


  • Index Map
  • NC177 - En Naga Map
  • Split of Revenues
  • Cumulative Net Cash Flow - Undiscounted
  • Cumulative Net Cash Flow - Discounted at 10% from 01/01/2018
  • Remaining Revenue Distribution (Discounted at 10% from 01/01/2018)
  • Remaining Present Value Price Sensitivities
  • Production Profile


  • Key facts: Table 1
  • Geology: Table 1
  • Well data: Table 1
  • Well data: Table 2
  • Reserves and resources: Table 1
  • Reserves and resources: Table 2
  • Infrastructure: Table 1
  • Cash Flow
  • Economic analysis: Table 2
  • Economic analysis: Table 3
  • Participation: Table 1
  • Participation: Table 2
  • Exploration: Table 1
  • Exploration: Table 2
  • Production: Table 1
  • Production: Table 2
  • Costs: Table 1
  • Costs: Table 2
  • Costs: Table 3
  • Fiscal and regulatory: Table 1
  • Fiscal and regulatory: Table 2

You may be interested in

Asset report



Questions about this report?

  • Europe:
    +44 131 243 4699
  • Americas:
    +1 713 470 1900
  • Asia Pacific:
    +61 2 8224 8898