Delek Group announces resource evaluation report of Karish natural gas discovery, offshore Israel

Delek Group published today a report prepared by Netherland, Sewell and Associates (NSAI) of the unrisked gross (100 percent) contingent and prospective resources, as of June 30, 2013, in the Karish Discovery and prospects located in the Alon C License (number 366), offshore Israel.The full NSAI report is attached below.

About The Delek Group

The Delek Group, Israel’s dominant integrated energy company, is the pioneering leader of the natural gas exploration and production activities that are transforming the Eastern Mediterranean’s Levant Basin into one of the energy industry’s most promising emerging regions. Having discovered Tamar and Leviathan, two of the world’s largest natural gas finds since 2000, Delek and its partners are now developing a balanced, world-class portfolio of exploration, development and production assets with total gross natural gas resources discovered since 2009 of approximately 33 TCF.

In addition, Delek has built an extensive network of global downstream assets, including 1,900 gas stations and convenience stores in the U.S., Europe and Israel, and petroleum refineries in the U.S. Delek also holds significant interests in leading water desalination, power generation, insurance and automotive companies.

Source: Delek Group

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