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EnQuest and Delek Group end Kraken oilfield stake sale talks

 

Published by
Oilfield Technology,

Delek Group following the immediate report dated July 18, 2016, and further to the examination of the possibility of farming-in the Kraken field (20%), the company has announced that parties have not reached a binding agreement.

The company continues to review additional strategic synergies in E&P in international markets as part of its strategy to establish an internaitonal operating arm.

This is a convenience translation of the original HEBREW immediate report issued to the Tel Aviv Stock Exchange by the Company on September 15, 2016.

Adapted from a press release by Louise Mulhall
 

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