Greek firm Energean this week contracted Sweden's Stena Drilling to spud three wells in Q1 2019 on its Karish field offshore Israel in a bid to raise reserves estimates from the current 1.8tcf.

Energean purchased Karish and neighboring Tanin in August 2016 from US firm Noble and Israeli firm Delek for $148mn (plus a share of any future production royalties) as part of a forced divestment (see main story). In June last year the firm submitted a field development plan for Karish involving...