The buyer will gain Noble’s 47.06% operating interest in the Tanin and Karish fields and the remaining stakes from local partner Delek Group’s subsidiaries Avner Oil Exploration and Delek Drilling under the all-cash deal disclosed on Wednesday.
Delek said the sellers will also be entitled to royalties for gas and condensate that is produced in future from the fields, estimated to hold combined gas reserves of 3 trillion cubic feet.
Energean
