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Investegate |Energean PLC Announcements | Energean PLC: Block Listing Application

Investegate |Energean PLC Announcements | Energean PLC: Block Listing Application
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United Kingdom , City Of , Tel Aviv , Kate Sloan , Abu Qir , London Stock Exchange , United Kingdom Listing Authority , Official List , London Stock , Term Incentive , London Premium Listed , United Kingdom North , Eastern Mediterranean , Karish North ,

Investegate |Energean PLC Announcements | Energean PLC: Rig contract signed for Israel drilling campaign


 
 
London, 28 June 2021. Energean plc (LSE: ENOG, TASE: א,) is pleased to announce that its 100% subsidiary, Energean Israel Limited, has signed a contract with Stena Drilling Limited ( Stena ) for its 2022 - 2023 growth drilling programme offshore Israel, which is expected to target the derisking of unrisked prospective recoverable resources of over 1 billion barrels of oil equivalent ( boe ).
 
The contract is for the drilling of three firm wells and two optional wells, with the first firm well expected to spud in 1Q 2022. The firm wells are all expected to be drilled during 2022, and consist of:
 
· The Karish North development well, a key part of the Karish North development. The scope includes re-entry, sidetracking and completion of the previously drilled Karish North well and completion as a producer. The Karish North development will commercialise 33 Bcm (1.2 Tcf) of gas plus 31 mmbbls of liquids 2P reserves (a total of 243 mmboe) ....

United Kingdom , City Of , Tel Aviv , Kate Sloan , Mathios Rigas , Abu Qir , Stena Icemax , Energean Israel , Drilling Campaign , Stena Drilling Limited , Contract Signed , Energean Israel Limited , Karish North , Karish Main Block , Energean Power , Chief Executive Officer , London Premium Listed , United Kingdom North , Eastern Mediterranean , ஒன்றுபட்டது கிஂக்டம் , நகரம் ஆஃப் , தொலைபேசி அவிவ் , கேட் ஸ்லோன் , துளையிடுதல் பிரச்சாரம் , ஸ்டீந துளையிடுதல் வரையறுக்கப்பட்டவை , ஒப்பந்த கையொப்பமிடப்பட்டது ,