Hatrurim license

   
On August 13th, 2014 the Partnership submitted an application for Hatrurim land license, located near the Dead Sea. On December 9th, 2015, a general assemby approved a change in the Partnership's contract, whereby Hatrurim License would be included in the Partnership's objectives.


  
Asset Hatrurim

 Date of Submittion

August 13th, 2014
 

 Partners

 (view in graph)

25% - Israel Opportunity Energy Resources, LP

5% - Cyprus Opportunity Oil & Gas Exploration, Ltd

Zerach Oil and Gas Exploration, LP- 28.75%

Ashtrom Group Ltd - 10%

Ginko Oil Exploration, LP- 28.75%

Eliyahu Rozenberg, Phd- 2.5%

  

 Area

95km2
 

 Location

Located in the Judean Desert, in the northeast Negev region, near the Dead Sea
 

Major Milestones


- Publication of Resources Report by May 1st 2016

- Spud date by November 1st 2017


 Potential

- This was the last ever onshore drilling operation by the Delek Group before discovering large quantities of offshore gas. To the best of the partnership’s knowledge, Delek decided not to proceed with the oil production due to low oil prices that time, which made it not economically viable. 

- To date, the partners’ intension is to re-enter the “Chalamish” drilling. The new drilling program is based on the seismic survey results received from past drillings, and will be carried out using advanced technologies.

- The project geologist and partner is Eli Rosenberg (PhD), the founder of Avner (Delek).

- Publication of Resource Report by May 1st 2016

- Spud date by November 1st 2017