The Petroleum Council recommended to approve the request to change Pelagic’s boundries

The Petroleum Council recommended to approve the request submitted by the Pelagic partners on September 1st to change the boundaries of the licenses Editya/371, Lela/372, Yahav/373 and Yoad/374, by redefining the boundaries of the licenses reflecting the geological structures in the area. According to the request, after changing the boundaries three of the four licenses will be returned to the government and Yoad/374 license will be extended in two years.