Greece’s Energean Oil and Gas announced on June 25 that the Board has made the decision to drill an exploration well in the Karish North prospect, offshore Israel, with a planned spud date before end-March 2019, subject to necessary approvals. This will exercise the first of seven optional wells included in the Stena Drilling contract.

According to Energean, the Karish North prospect is located within Energean’s Karish lease and will be drilled immediately prior to the three well development ...

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