The company has an 80% gas weighted portfolio more than 600 mmboe 2P reserves and 2C resources.
The Company’s flagship development assets are the Karish and Tanin fields, offshore Israel. The 100% working interest in the Karish and Tanin leases are held via its subsidiary, Energean Israel, in partnership with Kerogen Capital (70/30). Moreover, Energean Israel holds 100% working interest in nine exploration licences, offshore Israel.
According to Netherland Sewell & Associates, Inc.’s (NSAI) and DeGolyer & MacNaughton (D&Ms) Competent Persons Reports (CPRs), Energean's Karish, Karish North and Tanin fields contain 3.48 TCF (98.6 BCM) gas plus 82 mmbls liquids 2P reseves and 2C resources, representing a total of 698 mmboe, 88% out of which is gas. Energean's Working Interest 2P reserves and 2C reserves in the Israeli fields is 489 mmboe.