Navitas Committed To Sea Lion Farm-in

(Rockhopper, 30.Nov.2020) — Rockhopper Exploration plc provided the following update in relation to the previously announced farm-in to the Sea Lion project by Navitas Petroleum LP. Following the announcement of the proposed merger of Premier Oil plc and Chrysaor Holdings Limited, Navitas has confirmed it remains committed to the proposed […]

Blackstone To Raise Stake In GOM Drilling Project To 47%

(Reuters, 28.Jul.2020) — Israel’s Navitas Petroleum said on Tuesday the Blackstone Group signed a preliminary deal to raise its stake in a drilling project in the Gulf of Mexico to 47% from 16%. Navitas had partnered with U.S. oil firm LLOG and Blackstone’s portfolio company Beacon Offshore Energy in drilling […]