Yitzhak License
(31,689 Acres)
| Target: Oil | Mid Jurassic - Fractured Carbonates |
| Target: Gas | Cretaceous Talme Yafe carbonates and sands |
| Target: Condensate | Cretaceous Talme Yafe carbonates and sands |
| Exploration: | 129 Km 3D completed Jan 2011 by Adira |
| Resource Report: | Completed March 2012 by Netherland Sewell |
| Prior Drilling: |
Delta-1 Well drilled (off structure) in 1970’s to 4,423m, TD in Upper Jurassic above where oil encountered in Mid Jurassic (Yam Yaffo1 and Yam 2) Bathonian (Zohar formation) tested for oil in Yam Yafo-1 (4,890m – 4,995m) and Yam-2 Well (5,315m) interesting & significant structural high |
| Drilling: | Shallow water 93 to 167 meters. Jack-Up or Floater |
| Operator: | Adira Energy |
| Working Interest: | 70% Working interest plus ORRI from AGR and Ellomay up to 4.5% |
| Partners: | Brownstone Energy 15%, Ellomay Capital 10%, AGR 5% |
| Technical Highlights | |
| Best Estimate (P50) Prospective Oil | 79.1MMBO |
| Best Estimate (P50) Prospective Condensate | 25.6MMB |
| Best Estimate (P50) Prospective Gas | 1.0 TCF |
