Delek Drilling has exercised an option under which it will acquire a 24.99% stake from Ratio in the latterâs Royee (399) offshore block, 399 sq km in the Levantine Basin. The Royee contract has been extended to Apr â20 provided that explo drilling starts by 30 Sep â19 â the Ensco DS-7 is believed to be lined-up. Following necessary approvals, partnership to be Ratio (op), partners Delek, Edison Intl + Israel Opportunity O&G.
Israel, Royee (399)