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SES - Navitas Petroleum Highlights - April 30, 2020

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In mid-April, Navitas Petroleum farmed out stakes in three Gulf of Mexico blocks to LLOG Exploration. Included in the deal were 30.95% WI in Walker Ridge blocks 51 and 52, 30.85% in the northern half of block 53 and 8.85% in the southern half. Following completion of this transaction, equity in WR 51, WR 52 and the northern half of WR 53 is now shared among Beacon Offshore Energy (15.95% WI), Navitas (53.1%) and......
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