Wertheimer teams with Tshuva in gas licenses
Shlomo Nehama and Moshe Tery joined Wertheimer in buying rights in the four offshore licenses from Delek and Noble Energy.And:
10 February 11 11:48, Amiram BarkatEitan Wertheimer, Shlomo Nehama, and former Israel Securities Authority chairman Moshe Terry have entered Israel's oil and gas exploration industry. In a complicated deal, whose details have not been finalized, they will acquire rights in the Alon E, Ruth D, Keren, and Avia offshore licenses from from Yitzhak Tshuva-controlled Delek Group Ltd. (TASE: DLEKG) and Noble Energy Inc. (NYSE: NBL).
Several current oil and gas exploration companies, including Modiin Energy LP (TASE:MDIN.L) and Alon Natural Gas Exploration Ltd. (TASE: ALGS), are also negotiating to acquire rights in licenses. ATP Oil & Gas Corporation (Nasdaq: ATPG) of the US, making its first foray into Israel, is in talks to acquire a third of the Avia and Keren licenses....MORE
George Soros invests in Israeli energy exploration
Private investment fund Quantum Partners LP invested in Adira Energy Ltd.
14 February 11 19:06, Ron SteinblattFollowing reports last week of leading Israeli business figures, such as Eitan Wertheimer, looking to get into the hot local energy exploration field, it turns out that billionaire investor George Soros has entered the sector.
Canada-based oil and gas exploration company Adira Energy Ltd. (TSXV: ADL; OTC Bulletin Board: ADENF; Frankfurt: AORLB8) said that private investment fund Quantum Partners LP, managed by Soros Fund Management LLC, has invested $6.5 million in the firm through a private placement....MOREEarlier:
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