The Israel Land Development Company - Energy Ltd. (ILDC Energy) was founded in March 2010 and since then engages in gas and oil exploration in Israel. Its holding company is the Israel Land Development Company Ltd. (ILDC).[1]
In addition to its current operations, the Company presently conducts preliminary checks of further options, in the fields of alternative energy, renewable energy and oil and gas exploration in various sites elsewhere in the world. Since the end of November 2010, the Company has been a public company traded on the Tel Aviv Stock Exchange and since December 2011, it is included in the T-A 100 Index, the T-A 75 Index and the T-A Oil & Gas Index. ILDC Energy operates directly and via Company-controlled corporations.
The Company holds two offshore drilling licenses: 347/”Myra” and 348/”Sara” through Emanuelle Energy Ltd. (“Emanuelle Energy”), a private company fully owned by the Company, and through Emanuelle Energy – Gas and Oil Exploration (“Emanuelle Partnership”), a limited partnership also fully owned by the Company together with its holding company – The Israel Land Development Company Ltd. (“ILDC") which holds 5% of the rights, working interests totaling approximately 46.6% The Sara and Myra license sites are spanning 400 square kilometers each, within Israel’s economic waters, located approximately 40 km west of Hadera, south of the Dalit and Tamar gas deposits. The other partners in these licenses include the IDB Group and the Ofer Brothers.
The Company and its partners in the Sara and Myra licenses are executing the work plan approved by the Commissioner of Oil Affairs in the Ministry of Energy & Water, and expect to start drilling in the course of the second quarter of 2012.
Additional Licenses in Israeledit
ILDC Energy holds approximately 37% of the share capital of Geo Global Resources Inc. (“GGR”), as well as an option and additional rights in GGR which, once exercised, will bring the Company’s shareholding to exceed 50% of GGR. Geo Global Resources Inc. (GGR) is an American public company which trades in Amex stock exchange as of 2004. The company is an operator for exploration and production of oil and gas reserves with experience in deep water and land drilling.
World Activityedit
ILDC Energy holds approx. 51% of the share capital of Emanuelle Adriatic Energy Ltd., which has reached agreement with the representative of the Government of Albania about receiving rights to develop, produce and sell hydrocarbons (oil & gas) in 3 maritime blocks in the Adriatic Sea, spanning a total area of some 5,070 square kilometers off the Albanian shore and under Albanian control, subject to the signing of a detailed agreement and receiving regulatory permits.
On May 11, 2012 a fully owned subsidiary of the ILDC Energy, Emanuelle International, submitted an offer in a tender published by the Government of Cyprus, bearing on the acquisition of exploration and production rights of oil and/or gas in the economic waters of Cyprus.
ildc, energy, topic, this, article, meet, wikipedia, notability, guidelines, companies, organizations, please, help, demonstrate, notability, topic, citing, reliable, secondary, sources, that, independent, topic, provide, significant, coverage, beyond, mere, t. The topic of this article may not meet Wikipedia s notability guidelines for companies and organizations Please help to demonstrate the notability of the topic by citing reliable secondary sources that are independent of the topic and provide significant coverage of it beyond a mere trivial mention If notability cannot be shown the article is likely to be merged redirected or deleted Find sources ILDC Energy news newspapers books scholar JSTOR June 2012 Learn how and when to remove this template message This article needs additional citations for verification Please help improve this article by adding citations to reliable sources Unsourced material may be challenged and removed Find sources ILDC Energy news newspapers books scholar JSTOR June 2012 Learn how and when to remove this template message The Israel Land Development Company Energy Ltd ILDC Energy was founded in March 2010 and since then engages in gas and oil exploration in Israel Its holding company is the Israel Land Development Company Ltd ILDC 1 In addition to its current operations the Company presently conducts preliminary checks of further options in the fields of alternative energy renewable energy and oil and gas exploration in various sites elsewhere in the world Since the end of November 2010 the Company has been a public company traded on the Tel Aviv Stock Exchange and since December 2011 it is included in the T A 100 Index the T A 75 Index and the T A Oil amp Gas Index ILDC Energy operates directly and via Company controlled corporations Contents 1 Sara and Myra 2 Additional Licenses in Israel 3 World Activity 4 References 5 External linksSara and Myra editThe Company holds two offshore drilling licenses 347 Myra and 348 Sara through Emanuelle Energy Ltd Emanuelle Energy a private company fully owned by the Company and through Emanuelle Energy Gas and Oil Exploration Emanuelle Partnership a limited partnership also fully owned by the Company together with its holding company The Israel Land Development Company Ltd ILDC which holds 5 of the rights working interests totaling approximately 46 6 The Sara and Myra license sites are spanning 400 square kilometers each within Israel s economic waters located approximately 40 km west of Hadera south of the Dalit and Tamar gas deposits The other partners in these licenses include the IDB Group and the Ofer Brothers The Company and its partners in the Sara and Myra licenses are executing the work plan approved by the Commissioner of Oil Affairs in the Ministry of Energy amp Water and expect to start drilling in the course of the second quarter of 2012 Additional Licenses in Israel editILDC Energy holds approximately 37 of the share capital of Geo Global Resources Inc GGR as well as an option and additional rights in GGR which once exercised will bring the Company s shareholding to exceed 50 of GGR Geo Global Resources Inc GGR is an American public company which trades in Amex stock exchange as of 2004 The company is an operator for exploration and production of oil and gas reserves with experience in deep water and land drilling World Activity editILDC Energy holds approx 51 of the share capital of Emanuelle Adriatic Energy Ltd which has reached agreement with the representative of the Government of Albania about receiving rights to develop produce and sell hydrocarbons oil amp gas in 3 maritime blocks in the Adriatic Sea spanning a total area of some 5 070 square kilometers off the Albanian shore and under Albanian control subject to the signing of a detailed agreement and receiving regulatory permits On May 11 2012 a fully owned subsidiary of the ILDC Energy Emanuelle International submitted an offer in a tender published by the Government of Cyprus bearing on the acquisition of exploration and production rights of oil and or gas in the economic waters of Cyprus References edit Company profileExternal links editILDC Energy Company website ILDC Company website Retrieved from https en wikipedia org w index php title ILDC Energy amp oldid 936634170, wikipedia, wiki, book, books, library,
