Israel Opportunity – Energy Resources, Limited Partnership

The Partnership was founded in February 2010 and is listed on the Tel Aviv Stock Exchange since July 2010. Our Mission is to participate in oil and gas exploration, development and production in defined geographic areas. The Partnership holds participation rights in several offshore and onshore assets in Israel and North America. The assorted oil rights in Israel provide an exposure to the inherent potential in Israel’s deep waters, whilst dispersing risks. The Partnership is managed by the general partner: Israel Opportunity – Oil and Gas Exploration Ltd

Israel Opportunity - North America Drilling Site

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Israel Opportunity - North Dakota Drilling

Israel in ‘weak countries club’ if it looks away while Cyprus acts – study

"In six years, Israel has done nothing to challenge Cyprus's position that it may pump gas out of the Aphrodite-Yishai field."
Jerusalem Post | 23/11/2020

Why the EU should care about one gas dispute in the Eastern Mediterranean

"The EU has the duty to play the responsible adult and intervene in facilitating an agreement between Israel and Cyprus to enable the development of the major Aphrodite natural gas field, writes Rony Halman"
Euractiv | 24/06/2020

The Natural Gas that Israel is Leaving in the Ground

"The question remains why Israel has not actually turned to arbitration or is not putting more public pressure on Cyprus to reach an agreement to develop Aphrodite-Yishai, to – as Netanyahu has often said – get the gas out of the ground for the benefit of Israel’s citizens."
Jerusalem Post | 18/06/2020

Israel Blocking Aphrodite Gas Field Development

Israel's Ministry of Energy Director General Udi Adiri wrote to Delek Drilling CEO Yossi Abu, Noble Energy SVP Keith Elliot and Shell East Med GM Chris Breeze, "I wish to advise you that the State of Israel has not relinquished its share of the Aphrodite-Ishai natural gas reservoir, and has no intention of doing so."
Globes | 08/12/2019

Nammax, Partner to Ishai Lease, Slams Israeli Authorities over Cypriot Aphrodite Development Plan which Ignores Israel

"The government is allowing Delek Group, Noble Energy to humiliate it," says Ohad Schwartz, a director at Nammax Oil & Gas. "We once again see that the Cypriot government and the Aphrodite partners are taking another step towards development of the reservoir, while openly and contemptuously ignoring the rights of Israel and the Yishai prospect in the reservoir."
Globes | 11/11/2019

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 new offshore exploration licenses. The new licenses include interesting prospects, such as the "OZ" structure with which the partnership is highly familiar, spreading over a total of 1,588 km2. The partnership's working interest in the Block is 20%.
Ministry of Energy | 31/07/2019

Ishai License Holders Warn on Gas Extraction from Aphrodite

Israel Opportunity chairman Rony Halman: Further development of the Aphrodite reservoir that ignores Israel's rights will represent a dangerous precedent.
Globes | 13/03/2018

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

The Partnership announced on June 27th, 2017 it will complete two drillings this year, and two more next year. The cash flow from oil sales is expected within next year. Eyal Shuker, CEO of Israel Opportunity: The partnership has a large cash pool that will allow immediate development of the fields
Israel Opportunity | 28/06/2017

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Oil and gas assets in Israel and abroad, in the stages of exploration, development and production