Greek independent Energean has agreed to pay $380-405mn to buy out Kerogen Capital’s 30% stake in its core Energean Israel asset.

In turn, Energean Israel’s core asset is 100% of the 3.5tcf Karish and Tanin fields which are set to produce 600mn cfd from Q4 this year (MEES, 27 November 2020). (CONTINUED - 200 WORDS)