Edison to abandon Royee in Israel EEZ
Edison E&P has announced the abandonment of block Royee in the Israel EEZ prior a programmed exploration activity. Noting that Edison only posses the 20% of the block with others being Ratio Oil Exploration with 70% and Israel Opportunity with 10%. However, Edison is the operator of the block due to their experience. Reminding that Energean acquired Edison few weeks ago.