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Mining

The first Company in Egypt to be 100% Egyptian working capital in exploration of Oil and Gas. Royal Resources “RR"was created as a Joint Venture between a consortium of Egyptian companies and was awarded the Sea Bird concession rights. The Joint Venture built on the management and financial success of Pharco Pharmaceuticals Co. & Prime Group whom are the major shareholder of RR and the technical success of Arab Experts Co. Led by one of the prominent former minister of petroleum. We are a regional resources business, involved in every aspect of upstream oil and gas, and plan to evolve our portfolio into mining as well. We strive to be a top regional player in the field of resources.

Royal Resources

About us

What we do

We have been awarded one of the best concession in the new era “Sea Bird" the offshore concession representing the gate way to the hidden treasures of the read sea. The upstream segment is responsible for our activities in oil and natural gas exploration, field development and production. Our mission is to provide to the market intelligent, competitive and sustainable investment opportunities in the Oil and Gas sector.

Our Major Projects

Our main project is Sea Bird Concession in the south of Gulf of Seuiz and consider the gate way to the Gulf of Seuiz and the gateway of the hidden treasures of the Red Sea. The block is 241 km2 and has Oil in Place near to 300 Million Barrels and near to 1 TCF Gas in Place with 7 tested wells has been done before with very positive results and high ranked API.

Future Plans

Our future plans are to have more concessions and increase the portfolio as well as going for the mining sector in Gold sector.

Our Project

Sea bird concession

Royal Resources is the concession operator
Concession is operated by a consortium of

Royal Resources
80%
Oversees Oil Services
16%
Ghareb Oil Fields
4%

High proven reserves

  • Estimated reserves are 993BCF gas as well as 302 MB oil & 25 MB condensate in the concession block area of 241 km2
  • Oil production estimated to start at 13 kB/D reaching 20 kB/D by year 7
  • Gas production estimated to start at 155 Bbtu/day reaching 240 Bbtu/day by year 7

Our Professionals

team
members
Foto

Eng. Sameh Fahmy

CEO Technical and Economic
Eng. Fahmy held the post of Minister of Petroleum and Mineral Resources in Egypt from 1999 till 2011
Foto

Dr. Sherine Helmy

CEO Pharco Group
Dr. Helmy is the CEO of Pharco, one of Egypt’s biggest pharmaceutical companies.
Foto

Dr. Mahmoud Farrag

CEO Financial and Administrative
Dr. Farrag has over to 20 years of experience in the fields of Investment Banking, Financial Management, Strategic Planning, Auditing and Organizational Development
Foto

Eng. Tamer Wagih

Chairman Prime Group
Eng. Tamer is a civil engineer with more than 23 years of experience in the business community in diversified field
Foto

Dr. Sayed Mishaal

Chairman Arab Experts
Dr. Sayed Mishaal held the post of Minister of Military Production in Egypt from 1999 till 2011