Vegas Oil and Gas S.A. is a company

Company

A company is a form of business organization. It is an association or collection of individual real persons and/or other companies, who each provide some form of capital. This group has a common purpose or focus and an aim of gaining profits. This collection, group or association of persons can be...

 based in Egypt

Egypt

Egypt , officially the Arab Republic of Egypt, Arabic: , is a country mainly in North Africa, with the Sinai Peninsula forming a land bridge in Southwest Asia. Egypt is thus a transcontinental country, and a major power in Africa, the Mediterranean Basin, the Middle East and the Muslim world...

 focusing on petroleum exploration. Headquartered in Athens

Athens

Athens , is the capital and largest city of Greece. Athens dominates the Attica region and is one of the world's oldest cities, as its recorded history spans around 3,400 years. Classical Athens was a powerful city-state...

, but mainly operating from the Cairo

Cairo

Cairo , is the capital of Egypt and the largest city in the Arab world and Africa, and the 16th largest metropolitan area in the world. Nicknamed "The City of a Thousand Minarets" for its preponderance of Islamic architecture, Cairo has long been a centre of the region's political and cultural life...

 suburb of Maadi

Maadi

Maadi is a wealthy suburb south of Cairo, Egypt. The town is home to the Supreme Constitutional Court of Egypt, Cairo American College , Lycée Français du Caire , Misr American College , Maadi British International School , the Cairo Rugby Club, and the national Egyptian Geological Museum.-...

.

Vegas is owned by the Vardinogiannis

Vardis Vardinogiannis

Vardis Vardinoyannis is a Greek oil tycoon. Born in 1933 in Episkopi, Rethymno, he is the chairman and controlling shareholder of Motor Oil Hellas and Vegas Oil and Gas. He is the brother of Yiorgos Vardinogiannis, husband of Marianna Vardinoyannis and father of Giannis Vardinogiannis.-References:...

 family.

Vegas is an E&P group of companies with assets in USA, Egypt and Yemen.

It is 50% shareholder and operator of the NW Gemsa concession, Circle Oil have a 40% interest and Sea Dragon Energy have the remaining 10%. Oil production from the NW Gemsa concession peaked at 9000 oilbbl/d. All gas currently produced from the field is flared, due to sub-economic, low volumes.

Vegas is a 35% shareholder in the Alam El Shawish West concession, with Shell

Royal Dutch Shell

Royal Dutch Shell plc , commonly known as Shell, is a global oil and gas company headquartered in The Hague, Netherlands and with its registered office in London, United Kingdom. It is the fifth-largest company in the world according to a composite measure by Forbes magazine and one of the six...

 Egypt (operator, 40%), GDF Suez

GDF Suez

GDF Suez S.A. is a French multinational energy company which operates in the fields of electricity generation and distribution, natural gas and renewable energy. The world's largest utility after taking control of Britain's International Power, the company was initially formed by the merger of Gaz...

25%.

It is operator and 50% shareholder of the East Ghazalat concession (Western Desert), with TransGlobe Energy Corporation holding the remaining 50%.

External links

• http://www.circleoil.com/
• http://www.seadragon.ca
• http://www.trans-globe.com
• http://www.gdfsuez.com
• http://www.shell.com