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Tamar Petroleum

Company Summary

Description

Tamar Petroleum (TASE: TMRP) is a publicly traded yield company founded in July 2017 that held a 9.25 percent working interest in the Tamar field prior to the announced transaction. Pro forma for this transaction, Tamar Petroleum will hold a 16.75 percent working interest in the Tamar field.

Website

https://www.tamarpetroleum.co.il/aboutu

Operational Regions

  • Mediterranean

Recent news

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Company Transactions

Date: 3/14/2018
Type: Acquisition

BUYERS:
  • Tamar Petroleum
    • SELLERS:
  • Noble Energy, Inc.
    • ASSETS:
  • Tamar Field Development
    • DETAILS:

    COST: 800 $MM

    VOLUMES: 32 Mmcf/d

    NOTES:
    Noble Energy has entered into a deal to sell a 7.5% stake in the Tamar Field located in offshore Israel to Tamar Petroleum.
    REGIONS:
  • Mediterranean