Offshore staff
TORONTO --Pelagic Investments (PI) has agreed to acquire shares in offshore Israel exploration specialist Adira Energy.
PI is an investment group managed by Prentis B. Tomlinson who also owns Cayman Islands-based Pelagic Exploration, which holds interests in various licenses offshore Israel.
Tomlinson said ofAdira: “The development of the company’s interests in the Gabriella and Yitzhak licenses provide a unique opportunity to access a material stake in large contingent and prospective resources in highly fractured Middle Jurassic carbonates on these Syrian Arc structures.”
7/4/2013