Cheiron is pleased to announce the extension of the Geisum & Tawila West Concession until June 2027. Under the terms of the extension, two exploration wells will be drilled in 2019. Cheiron operates the Concession with a 60% working interest, with Kufpec Egypt holding the remaining 40%. The Geisum & Tawila West Concession is located at the southern entrance of the Gulf of Suez, and covers the North Geisum, South Geisum, Northeast Geisum and Tawila West fields. The site, which…