Israeli E&P duo consider merger

Delek Group subsidiaries Avner Oil Exploration and Delek Drilling Ltd. Partnership are considering a merger.

Aug. 10, 2016

Offshore staff

TEL AVIV, Israel – Delek Group subsidiaries Avner Oil Exploration and Delek Drilling Ltd. Partnership are considering a merger.

At present, this will likely involve Delek Drilling acquiring Avner Oil, subject to board and other approvals.

08/10/2016

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