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Last 7,800
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As of 3:15 AM 07/5/15 All times are local (Market data is delayed by at least 15 minutes).

alon natural gas exploration (ALGS) Snapshot

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Day High
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52 Week High
10/21/14 - $9,200
52 Week Low
12/23/14 - $6,300
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alon natural gas exploration (ALGS) Details

Alon Natural Gas Exploration Ltd. is involved in the investment and production of oil and gas in Israel. The company explores for natural gas and oil in the Mediterranean Sea, close to Haifa, Israel. As of December 31, 2013, it had a total of 222.8 BCM proved natural gas, as well as 84 BCM of probable reserves; and condensate proved reserves totaled 10.2 million barrels, and the probable reserves totaled 3.9 million barrels. The company’s customers include electric companies, industries, and private electrical suppliers; companies that distribute natural gas; and oil distribution companies, as well as oil refineries. It distributes gas through a network of conduction and distribution system. The company was incorporated in 2009 and is based in Yakum, Israel. Alon Natural Gas Exploration Ltd. is a subsidiary of Alon Israel Oil Company Ltd.

Founded in 2009

alon natural gas exploration (ALGS) Top Compensated Officers

Chief Executive Officer
Total Annual Compensation: 853.0K
Compensation as of Fiscal Year 2013.

alon natural gas exploration (ALGS) Key Developments

Alon Natural Gas Exploration Ltd., Special/Extraordinary Shareholders Meeting, May 04, 2015

Alon Natural Gas Exploration Ltd., Special/Extraordinary Shareholders Meeting, May 04, 2015., at 10:30 Israel Standard Time.

Alon Natural Gas Exploration Ltd., Special/Extraordinary Shareholders Meeting, Jun 23, 2014

Alon Natural Gas Exploration Ltd., Special/Extraordinary Shareholders Meeting, Jun 23, 2014., at 10:00 Israel Standard Time.

Union Fenosa In Talks To Acquire Stake In Gas Field

Union Fenosa Gas, S.A. is in talks with the Tamar partners to buy 20% of the natural gas in the field. The partners include Isramco Inc. (NasdaqCM:ISRL), Noble Energy, Inc. (NYSE:NBL), Delek Group Ltd. (TASE:DLEKG), Delek Drilling - Limited Partnership (TASE:DEDR.L), Avner Oil Exploration - Limited Partnership (TASE:AVNR.L) and Alon Natural Gas Exploration Ltd. (TASE:ALGS). If the agreement is signed with the Tamar partners then the natural gas will be exported through Union Fenosa and ENI's liquid natural gas installation in Egypt.


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