Middle East Economic Survey
VOL. LIII
No 14
05-April-2010
israel
Bontan Acquires Funds For Offshore Israeli Gas Exploration
Canadas Bontan Corporation and its Israel Petroleum Company (IPC) subsidiary have secured $16.1mn in new financing from two Israeli energy firms for further offshore natural gas exploration, the two companies announced on 24 March. These two firms entered into an agreement with Tel Aviv-based Emanuelle Energy and IDB-DT Energy to secure the financing and settle ownership of...
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