Vegas Oil and Gas S.A. is a company based in Egypt focusing on petroleum exploration and gas exploration. It is headquartered in Athens, but mainly operates from the Cairo suburb of Maadi.[1]
Vegas is wholly owned by the Vardinogiannis family.
Activities
Vegas is also a large E&P group of companies with assets in USA, Egypt and Yemen.[2]
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%.[3] Oil production from the NW Gemsa concession peaked at 9000 oilbbl/d.[4]