Bullboard - Stock Discussion Forum ADIRA ENERGY LTD V.ADL

Energy Oil & Gas E&P

"Adira Energy Ltd is engaged in the energy sector. It is an oil and gas exploration company focused on early-stage exploration. The company has an option to hold interests in approximately two licenses, such as the Myra License and the Sara License. The Company does not have any oil and gas reserves and does not produce any oil or gas. The Company held interests in approximately two Israeli... see more

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ADIRA ENERGY LTD > very good news for the Adira projects

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Post by Investox on May 16, 2014 12:26pm

very good news for the Adira projects

Israel's Tamar partners to sell $20 billion of gas to Europe via Egypt

https://www.haaretz.com/business/.premium-1.589216

Although Nobel and its partners in Tamar − Delek Drilling and Anver Oil, two companies controlled by Yitzhak Tshuva’s Delek Group, and Isramco − Nobel signaled in a statement Tuesday that the gas is expected to be sold at a floor price of $6.50 per 1,000 cubic feet linked to the price of Brent crude oil.

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Comment by Junit on May 16, 2014 12:30pm

That is great news considering we have a license with 80mmbl target on it! The trading pattern of late makes more sense reading this news. I am of the belief that usually UBS buying is an international investor so maybe they are following the story more so than the North American investors. Anyhow hopefully this news get's spread around. I mean look at our projects, look at our pending lawsuit ...more

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