Israel Land Energy Unit to Sell Sara, Myra Rights to Modiin

Israel Land Development Co. Energy Ltd. said a unit agreed to sell 7.6 percent of the rights to the Sara/348 and Myra/347 licenses to Modiin-LP for $30.5 million, according to a statement filed today with the Tel Aviv Stock Exchange.

To contact the reporter on this story: Sharon Wrobel in Tel Aviv at

To contact the editor responsible for this story: Susan Lerner at

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