DELEK GROUP LTD. Update concerning the Kraken Field
Tel Aviv, September 15, 2016. Delek Group (TASE: DLEKG, US ADR: DGRLY) ('the Company') following the immediate report dated July 18, 2016, and further to the examination of the possibility of farming-in the Kraken field (20%), the Company hereby announces that parties have not reached a binding agreement.
The Company continues to review additional strategic synergies in E&P in international markets as part of its strategy to establish an internaitonal operating arm.
This is a convenience translation of the original HEBREW immediate report issued to the Tel Aviv Stock Exchange by the Company on September 15, 2016.
About The Delek Group
The Delek Group, Israel's dominant integrated energy company, is the pioneering leader of the natural gas exploration and production activities that are transforming the Eastern Mediterranean's Levant Basin into one of the energy industry's most promising emerging regions. Having discovered Tamar and Leviathan, two of the world's largest natural gas finds since 2000, Delek and its partners are now developing a balanced, world-class portfolio of exploration, development and production assets with total gross natural gas resources discovered since 2009 of approximately 40 TCF.
In addition, Delek Group has a number of assets in downstream energy, water desalination, and in the finance sector.
For more information on Delek Group please visit www.delek-group.com
Contact
Investors
Dina Vince | Media
Nilly Richman |
Delek Group Ltd. published this content on 15 September 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 15 September 2016 06:43:04 UTC.
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