Israeli offshore license farm-out authorized

Jan. 11, 2012
Israel’s Petroleum Commissioner has approved Adira Energy’s farm-out of 25% of its interest in the shallow water Yitzhak license to the AGR Group and Ellomay Oil and Gas 2011 LP.

Offshore staff

TORONTO, Canada – Israel’s Petroleum Commissioner has approved Adira Energy’s farm-out of 25% of its interest in the shallow water Yitzhak license to the AGR Group and Ellomay Oil and Gas 2011 LP.

This is one of three contiguous Adira licenses close to the Israel’s shore.

01/11/2012