Two development leases (DL) have been awarded as carve outs from Hadi Bouchamaoui and Sons (HBS) South Alamein PSC, located in the Abu Gharadig Basin. The DLs are understood to have been effective from 2019. They contain the company's 2017 Cretaceous Abu Roash South West Alamein 1 1X (SWA 1 1X) and SWA 2 1X discoveries, which lie immediately east of Bapetco's Badr 3 concession. SWA 1 1X reached 4,646m TD, with SWA 2 1X, located 4.3km to the south, being drilled to 4,343m TD. An appraisal well to SWA 1, SWA 1 2X (also 4,343m TD) encountered oil & gas in August 2018. The concession agreement for South Alamein was signed by HBS (100% equity) in January 2015, following the EGPC 2013 Bid Round. The PSC comprises of three exploration lease areas, although activity has only been carried out on the South West Alamein II block to date. Equity in the DLs is understood to be split: HBS (50%) and EGPC (50%, carried). 
Two development leases (DL) have been awarded (Apache HBS (50%) and EGPC (50%, carried), as carve outs from Hadi Bouchamaoui and Sons (HBS) South Alamein PSC. 