Ratio has agreed to sell a 10% stake in the Royee (399) offshore block to private Unibin Capital Ltd after reaching a similar deal in March with Delek (24.99%). Partners to become Edison (op) 20%, Ratio 35.01%, Delek 24.99%, Israel Opportunity O&G 10%, Unibin Capital 10%. Ratio is still looking to farm down further the 399-sq km Mediterranean block.
Ratio Oil (->70%, EDF 20%, Opportunity-Energy Res. Partnership 10%) selling 10% stake to Unibin in the 399 Royee exploration licence.