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Last 1,495
Change Today +30.00 / 2.05%
Volume 315.2K
DEDRL On Other Exchanges
Tel Aviv
As of 10:24 AM 04/1/15 All times are local (Market data is delayed by at least 15 minutes).

delek drillin - lp (DEDRL) Snapshot

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52 Week High
05/18/14 - $2,089
52 Week Low
03/16/15 - $1,281
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Current Stock Chart for DELEK DRILLIN - LP (DEDRL)

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delek drillin - lp (DEDRL) Details

Delek Drilling - Limited Partnership is engaged in the exploration, development, and production of oil, natural gas, and condensates in Israel and Cyprus. It holds interests in the Noa North and Pinnacles reservoirs; the Tamar and Dalit leases; the Rachel, Amit, and Chana licenses; and the Tannin reservoir located in Israel, as well as interests in rights to Block 12 located within the economic zone of Cyprus. Delek Drilling Management (1993) Ltd. serves as general partner of the company. The company was founded in 1993 and is based in Herzliya, Israel. Delek Drilling - Limited Partnership is a subsidiary of Delek Energy Systems Ltd.

delek drillin - lp (DEDRL) Top Compensated Officers

Chief Executive Officer of Delek Drilling Man...
Total Annual Compensation: $240.0K
Executive Vice President for Financial Matter...
Total Annual Compensation: $202.0K
Head of Economics & Regulation of Delek Drill...
Total Annual Compensation: $139.0K
Vice President of Delek Drilling Management (...
Total Annual Compensation: $125.0K
Compensation as of Fiscal Year 2013.

delek drillin - lp (DEDRL) Key Developments

Delek Drilling Limited Partnership Reports Earnings Results for the Fourth Quarter and Full Year of 2014

Delek Drilling Limited Partnership reported earnings results for the fourth quarter and full year of 2014. For the fourth quarter, the company reported profit of $20.1 million, compared with $19.5 million in the corresponding quarter. For the year, the company reported profit of $70.5 million, up from $61.2 million the previous year. Revenue in 2014 was $193.6 million, up from $174.9 million in 2013. The rise in profit was due to higher gas sales from the Tamar field and lower development costs, partly offset by higher financing costs.

Palestine Power Generation Cancels $1.2 Billion Leviathan Gas Deal

Palestine Power Generation Co. (PPGC) has cancelled the 20-year deal due to delays caused by the Israel Antitrust Authority. In January 2014, PPGC signed an agreement to buy 4.75 billion cubic meters of gas over 20 years. The Leviathan partners (Avner Oil and Gas LP, Delek Drilling Limited Partnership and Ratio Oil Exploration (1992) LP) explicitly stated that the cancellation of the contract was because the Israel Antitrust Authority had failed to grant approvals, delays in approvals for the development of the Leviathan field, and lack of other regulatory approvals.

Delek Drilling - Limited Partnership Presents at J.P. Morgan Asia & CEEMEA Emerging Markets Corporate Credit Conference 2014, Sep-23-2014

Delek Drilling - Limited Partnership Presents at J.P. Morgan Asia & CEEMEA Emerging Markets Corporate Credit Conference 2014, Sep-23-2014 . Venue: J.P. Morgan, 25 Bank Stree, Canary Wharf, E14 5JP, United Kingdom.


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