Adira Energy Ltd. is pleased to announce that it has received approval from Israel's Petroleum Commissioner for the farm-out of 25% of its interest in the Yitzhak license (the "License") to the AGR Group and Ellomay Oil and Gas 2011 LP, pursuant to a series of Farm-Out Agreements announced on December 5, 2011.The Agreements are now unconditional and effective.
Israel and Gaza/West Bank
This article is for information and discussion purposes only and does not form a recommendation
to invest or otherwise. The value of an investment may fall. The investments referred to in this
article may not be suitable for all investors, and if in doubt, an investor should seek advice from
a qualified investment adviser. More
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Porter's Five Forces Model for the Oil & Gas IndustryAthanasios Pitatzis
Saudi Arabia is planning for the post-oil era, why not the United States?Kurt Cobb
A tale of two oil and gas boomtowns - a boost to the economy, a tricky landingDaniel Raimi & Richard G. Newell
Cyclical Oil Prices - Is it a Necessary Condition to Balance Global Oi ...Dr Salman Ghouri and Dr Amjad Ansari
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