Generates revenue by collecting overriding royalties on natural gas and condensate produced and sold by third-party operators from the Tamar (and related) petroleum assets.
Geographic Exposure
IsraelN/A
EgyptN/A
JordanN/A
Revenue Drivers
Overriding gas and condensate royalties
Royalty income from third-party sales of natural gas and condensate.
Overriding royalty (ORRI) structuring and administrationWellhead market value methodology for royalty calculationsRoyalty audit process and retroactive adjustmentsNatural resources profits levy (Sheshinski levy) complianceBond financing (Series A) and covenant managementManagement and information transfer agreement for asset reporting
Activities
Acquisition of additional royalty rights
Monitoring, accounting and collection of royalty payments
