2018 Investment Conference
On December 12, 2018, Navitas Petroleum LP hosted, at the Royal Beach Hotel in Tel Aviv, Israel, its first analyst conference. Participants included most of the local institutional investors and other leading capital market players. Navitas Petroleum’s management, headed by Chairman Gideon Tadmor, provided a company update, including:
Comprehensive progress report of its Buckskin development project, which is schedule for first oil in July 2019,
Presentation of the cash-flow (NPV12 $ 425 million) and contingent resources (2C: 65 million BOE) for its Shenandoah discovery.
Buckskin and Shenandoah are considered to be significant growth engines for Navitas Petroleum in the years to come.