Ratio Petroleum (TLV: RTPT.L) is an energy oriented limited partnership, that started its activity in 2011 with a mission to explore, develop and produce oil and natural gas around the world. Ratio Petroleum is traded (TLV: RTPT.L) on the Tel Aviv Stock Exchange, and on the leading Tel-Aviv oil and gas Index. The Partnership was established when the geologist and entrepreneur, Eitan Aizenberg, who has served as the SVP Exploration and Production of Ratio Petroleum since its founding, approached the Landau and Rotlevy families to establish a partnership which would engage in gas and oil exploration worldwide. Ratio Petroleum’s strategy focuses on operating in areas where a significant potential is spotted and no significant petroleum discoveries have yet been made, like the Levant Basin prior to the Leviathan and Tamar discoveries. This strategy was proven in the Guyana Basin, which is currently considered one of the “hottest” locations in the world for exploration and production of oil. From 2015 to this day, over twenty discoveries have been made in the basin, which are estimated at more than 10 billion barrels of recoverable oil. At the beginning of 2021, the Partnership announced the Tanager discovery in the Kaieteur Block offshore Guyana, with proven reserves of approx. 65 million barrels of recoverable oil. Ratio Petroleum currently holds petroleum interests in three different basins around the world: Guyana, Morocco Atlantic, and the East Palawan Basin in the Philippines. Our total gross exploration area interests are approx. 130,000 sq km, with some of the world's leading energy companies, including ExxonMobil, Hess, and ONHYM.
