Israel Opportunity Wins Four New Exploration Licenses, Petroleum Commissioner Announces

As Israeli Ministry of Energy concludes its Second Offshore Bidding Round, the Partnership, together with its partner Energean, was announced the winner of Block D, which is comprised of four new offshore exploration licenses. The new licenses include interesting prospects, such as the “OZ” structure with which the partnership is highly familiar, spreading over a total of 1,588 km2. The partnership’s working interest in the Block is 20%.