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Adira Energy Receive Approval from Israel’s Petroleum Commissioner for farm-out of 25% of its Yitzhak License Interest
Jan. 10, 2012 11:50AM PST
Oil and Gas InvestingAdira Energy LTD.(TSXV:ADL) announced receiving approval for the farm- out to the AGR Group on December 5, 2011.
As quoted in the press release:
Adira has received approval from Israel’s Petroleum Commissioner for the farm-out of 25% of its interest in the Yitzhak license (the “License”) to the AGR Group and Ellomay Oil and Gas 2011 LP, pursuant to a series of Farm-Out Agreements announced on December 5, 2011.
Click here to read the Adira Energy LTD. (TSXV:ADL) press release
Click here to see the Adira Energy LTD. (TSXV:ADL) profile.
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