Reported Earlier, Murphy Oil Awarded Six Exploration Licenses In Eastern Mediterranean Zone G By The Government Of Israel
Benzinga Newsdesk 33 minutes ago
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Zone G spans approximately 1,700 square kilometers offshore Israel and is located approximately 25 kilometers southwest of the Leviathan gas field. The licenses will be held 50 percent by a subsidiary of Murphy and 50
Zone G spans approximately 1,700 square kilometers offshore Israel and is located approximately 25 kilometers southwest of the Leviathan gas field. The licenses will be held 50 percent by a subsidiary of Murphy and 50 percent by Ratio Energies LP, with Murphy serving as operator.
The license awards expand Murphy's international exploration portfolio and provide a new opportunity in the Eastern Mediterranean. Murphy and Ratio Energies will now work together to further evaluate the exploration potential of Zone G.