Oil and Gas Market Update for covering entire month of September 2013

• BP makes Egypt gas discovery ‐ UK oil company BP makes find at deep water East Nile Delta
  concession.
• RWE Dea launches gas production in Egypt ‐ Germany’s RWE Dea has announced its first
  production of natural gas from the Disouq concession in Egypt’s Nile Delta.
• Apache and Sinopec in $3.1bn Egypt asset deal ‐ Apache Corporation and Sinopec International
  Petroleum Exploration and Production Corporation (SIPC) have entered into a US$3.1 billion agreement
  for the sale of a 33 per cent minority share of the US company’s Egyptian upstream business. The deal
  comes as part of a global strategic partnership between Apache and SIPC, the international arm of
  China’s Sinopec, to jointly pursue global upstream oil and gas projects. This is Sinopec’s first entrance in
  Egypt’s upstream sector.
• Egypt and Kurdistan owe more to Dana Gas, company says ‐ In Egypt, $290 million of invoices
  have not been paid, $210 million of which is overdue.