Ellomay Farms In To Israel Drilling License

Transaction Type
Sellers
Announce Date
Post Date
Close Date
Estimated Price
0MM
Description

To farm in to 20% participating interests in Yitzchak exploration & drilling license in Mediterranean sea.

Ellomay Oil and Gas 2011 LP, a limited partnership whose general partner is a subsidiary of Ellomay Capital Ltd., Tel-Aviv, Israel, (NYSE Amex: ELLO) plans to farm-in to 20% of the participating interests in the Yitzchak oil and gas exploration and drilling license in the Mediterranean sea with an undisclosed seller for an undisclosed price.

The farm-In transaction is now unconditional and effective.