Energean to Pay Up to $405 Million for Remaining Stake in Fields Offshore Israel
Transaction Type
Sellers
Buyers
Basin
Mediterranean Sea
Announce Date
Post Date
Close Date
Estimated Price
$405.0MM
Description
Acquired the remaining 30% stake in its Israeli offshore fields in the eastern Mediterranean for a $175 MM upfront payment plus a deferred payment of $125 MM to $150 MM upon completion of the Karish project.