Delek Drilling LP and Avner Oil Exploration LP are Israel's leading oil and gas companies.
The partnerships hold an extensive track record of discoveries and development of natural gas assets in the Levantine basin.
The partnerships both traded at the TASE 25 (Tel Aviv Stock Exchange Largest 25 Index) with a market capitalization of approx. US$ 3 billion, each.
The Partnerships are, primarily, involved in exploration, development and production of natural gas offshore Israel and Cyprus where we own significant acreage andwe've successfully uncovered the vast natural gas potential (currently 2P+2C reserves of approximaly 38TCF) of the Levantine Basin and the entire "East Med" area.
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