07 Dec 2017

Energean signs further gas sales contracts for the Karish and Tanin project

The new GSPAs will bring total contracted volumes from the Karish and Tanin development project to more than 4 BCM per year, surpassing the Company’s initial targeted sales volumes and creating significant additional value. Energean Oil & Gas (“Energean” or “the Company”) is pleased to announce that Energean Israel has signed further Gas Sales and...
04 Dec 2017

Pandion Energy to partner with Aker BP on Valhall

Pandion Energy AS (Pandion Energy) has entered into an agreement with Aker BP ASA (Aker BP) to acquire a 10 percent interest in the Valhall area, including licences PL006B, PL033 and PL033B. Since production commencement in 1982, the Valhall field continues to be one of the largest oil fields in the southern Norwegian North Sea....
03 Nov 2017

Increase in resource estimate for Pandion’s Cara discovery

ENGIE E&P, the operator of the Cara-licence (PL 636) in the Norwegian sector of the North Sea has increased the resource estimate for the Cara discovery to 56 – 94 million barrels of oil equivalent. Cara is a gas and oil discovery in PL636 in block 36/7, located approximately 14 kilometres from the ENGIE E&P...
15 Feb 2017

Kerogen Capital invests in Energean Israel

Athens, Greece – Energean Oil & Gas (“Energean”) is pleased to announce that Kerogen Capital (“Kerogen”) has committed to invest an initial US$50 million in Energean Israel, a subsidiary of Energean, ahead of the planned $1.3 billion development of the Karish and Tanin gas fields, offshore Israel. Energean Israel is the operator of and holds a...
31 Jan 2017

Kerogen Capital invests in Norway-based Pandion Energy

Kerogen Capital is pleased to announce it has made an initial commitment of US$100 million to Pandion Energy AS (“Pandion Energy” or the “Company”), an exploration and production  company focused on the Norwegian Continental Shelf (“NCS”). Pandion Energy will pursue exploration, appraisal and development opportunities on the NCS via acquisitions, farm-ins and licensing rounds. Kerogen, together...