08 August 2025
08 August 2025
The company aims to tap into shale basins, potentially unlocking around 64bbbl of crude oil-equivalent production.
The contract with Blue Ocean Energy, an existing customer of Leviathan, is valued at approximately $35bn (NIS119.48bn).
The pricing mechanism for the LNG is indexed to the Henry Hub benchmark, plus a fixed liquefaction fee.
Despite a considerable drop in Brent oil prices, Petrobras' recurring net profit remained stable compared to Q1.
This latest acquisition by Stone Ridge Energy is its second major investment this year.
The acquisition includes a long-term dedication of approximately 73,000 acres across four counties in the Midland Basin.
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