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News and Events

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Israel Opportunity Wins Four New Exploration Licenses, Petroleum Commissioner Announces

As Israeli Ministry of Energy concludes its Second Offshore Bidding Round, the Partnership, together with its partner Energean, was announced the winner of Block D, which is comprised of four…

Continue ReadingIsrael Opportunity Wins Four New Exploration Licenses, Petroleum Commissioner Announces

Israel Opportunity Purchased 10 Oil Fields in North Dakota, USA, and is Beginning Development Works

The Partnership will complete two drillings this year, and two more next year # The cash flow from oil sales is expected within next yearEyal Shuker, CEO of Israel Opportunity:…

Continue ReadingIsrael Opportunity Purchased 10 Oil Fields in North Dakota, USA, and is Beginning Development Works

Ishai license declared gas discovery by the Petroleum Commissioner at the Ministry of Infrastructure

The ministry has thereby answered the question whether the Cypriot Aphrodite reserve is partly in Israel's economic zone, determining that the Aphrodite 2 drilling carried out in late 2012 in…

Continue ReadingIshai license declared gas discovery by the Petroleum Commissioner at the Ministry of Infrastructure

A first: a Cypriot gas exploration company obtains part of a proven oil license in Israel

Cyprus Opportunity has obtained 5% of the Hatrurim License in the Dead Sea area of Israel, where Delek group has found oil in the pastRony Halman, Chairman of Cyprus Opportunity:…

Continue ReadingA first: a Cypriot gas exploration company obtains part of a proven oil license in Israel

Israel Opportunity continues to expand its portfolio: Increases its holdings in “Oz” license to more than 40%

According to a recently published resources report by NSAI, the oil and gas potential in "Oz" license is estimated at 2.5 trillion cubic feet of natural gas and about 255…

Continue ReadingIsrael Opportunity continues to expand its portfolio: Increases its holdings in “Oz” license to more than 40%

Israel Opportunity and Benny Steinmetz raise Pelagic holdings

Israel Opportunity to increase its holdings to 16% of the licenses and Nammax to Increase its holdings to 60% The oil and gas exploration Partnership "Israel Opportunity" announced today that…

Continue ReadingIsrael Opportunity and Benny Steinmetz raise Pelagic holdings

Petroleum Commissioner extends Ishai license until 2016

Petroleum Commissioner extends Ishai license until 2016: negotiations between Israel and Cyprus are underway and will include the Ishai licenseThe Aphrodite 2 well drilled at the Ishai license in November…

Continue ReadingPetroleum Commissioner extends Ishai license until 2016

“Israel Opportunity” submits Application for Hatrorim Land License in the Dead Sea Area

"Israel Opportunity" Continues to Expand its Portfolio:Submits Application for Hatrorim Land License in the Dead Sea Area, in an area where oil was previously discovered.CEO of Israel Opportunity Eyal Shuker:…

Continue Reading“Israel Opportunity” submits Application for Hatrorim Land License in the Dead Sea Area

Potential for Another Gas and Oil Reservoir off Israel’s shores

NSAI resource report published this morning by Israel Opportunity reveals oil and gas potential in Oz license estimated at 2.5 trillion cubic feet of natural gas and another 255 million…

Continue ReadingPotential for Another Gas and Oil Reservoir off Israel’s shores

The Petroleum Council recommended to approve the request to change Pelagic’s boundries

The Petroleum Council recommended to approve the request submitted by the Pelagic partners on September 1st to change the boundaries of the licenses Editya/371, Lela/372, Yahav/373 and Yoad/374, by redefining…

Continue ReadingThe Petroleum Council recommended to approve the request to change Pelagic’s boundries
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Israel Opportunity - Oil and Gas Exploration Ltd.

  • 2 Ben Guroin Rd. Ramat Gan, 52573, Israel
  • 03-6116111
  • 03-6116110
  • info@oilandgas.co.il

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