Delek Drilling LP and Avner Oil Exploration LP are Israel's leading oil and gas companies both traded at the TASE 25 (Tel Aviv Stock Exchange Largest 25 Index) with a market capitalization of approx. US$ 2 billion, each.
The Partnerships are, primarily, involved in exploration, development and production of natural gas offshore Israel and Cyprus where we own significant acreage and, in partnership with Noble Energy Inc. ("Noble Energy") we've successfully uncovered the vast natural gas potential (currently 2P+2C reserves of 34 TCF) of the Levantine Basin and the entire "East Med" area with three of the largest deep-water discoveries in the last decade.
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