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February 7, 2014
06:23 EDTWOPEY, NBLWoodside Petroleum enters MOU with Leviathan JV participants
Woodside (WOPEY) and the Leviathan Joint Venture participants, Noble Energy Mediterranean Ltd (NBL), Delek Drilling LP, Avner Oil Exploration LP and Ratio Oil Exploration LP, have agreed to convert a previous in- principle agreement for the potential acquisition of an interest in the Leviathan field into a non-binding Memorandum of Understanding. The MoU provides a framework to negotiate in good faith, the acquisition of a 25% participating interest in each of the 349/Rachel and 350/Amit petroleum licenses. The parties will negotiate towards executing a fully termed agreement by March 27. The Leviathan field is contained within the licenses, and based on information provided by the operator Noble Energy, has an estimated 2C contingent resource of 18.9 trillion cubic feet of natural gas and 34.1 million barrels of condensate.
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August 28, 2014
08:45 EDTNBLNoble Energy announces 'successful' drilling results in Gulf of Mexico
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