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EnQuest and Delek Group end Kraken oilfield stake sale talks

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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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