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ILDC Energy
The Israel Land Development Company - Energy Ltd. (ILDC Energy) was founded in March 2010 and since then engages in gas and oil exploration in Israel. Its holding company is the Israel Land Development Company Ltd. (ILDC). In addition to its current operations, the Company presently conducts preliminary checks of further options, in the fields of alternative energy, renewable energy and oil and gas exploration in various sites elsewhere in the world. Since the end of November 2010, the Company has been a public company traded on the Tel Aviv Stock Exchange and since December 2011, it is included in the T-A 100 Index, the T-A 75 Index and the T-A Oil & Gas Index. ILDC Energy operates directly and via Company-controlled corporations. Sara and Myra The Company holds two offshore drilling licenses: 347/”Myra” and 348/”Sara” through Emanuelle Energy Ltd. (“Emanuelle Energy”), a private company fully owned by the Company, and through Emanuelle Energy – Gas and Oil Exp ...
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Holding Company
A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own shares of other companies to form a corporate group. In some jurisdictions around the world, holding companies are called parent companies, which, besides holding stock in other companies, can conduct trade and other business activities themselves. Holding companies reduce risk for the shareholders, and can permit the ownership and control of a number of different companies. ''The New York Times'' also refers to the term as ''parent holding company.'' Holding companies are also created to hold assets such as intellectual property or trade secrets, that are protected from the operating company. That creates a smaller risk when it comes to Lawsuit, litigation. In the United States, 80% of stock, in voting and value, must be owned before tax consolidation benefits s ...
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Israel Land Development Company
Israel Land Development Company (ILDC) ( he, הכשרת הישוב, Hachsharat HaYishuv) is one of Israel's largest conglomerates, with fields including real estate, construction, energy and hotels. It was acquired in 1987 by Yaakov Nimrodi. History ILDC was founded in 1909 by the Zionist Federation as the Palestine Land Development Company, or Palestine Land Development Corporation. It was a program of the practicalist movement in early Zionism, particularly in the decade before the start of World War I. The PLDC worked to purchasing land, to train Jews in agricultural pursuits, and to establish Jewish agricultural settlements in Palestine. By the outbreak of World War I it had purchased about 50,000 dunam (about 4600 hectares) of land. It was attempting to purchase nearly 3 times that amount in the Jezreel Valley The Jezreel Valley (from the he, עמק יזרעאל, translit. ''ʿĒmeq Yīzrəʿēʿl''), or Marj Ibn Amir ( ar, مرج ابن عامر), also known as the ...
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Sara And Myra
Sara (or Sarah) and Myra (or Mira) ( he, שרה ומירה) were two Israeli offshore drilling licenses located west of Netanya, Israel. The licenses expired on July 13, 2015. Exploratory drilling in the license area in 2012 was unsuccessful, but seismic studies indicated the possibility of oil and gas at deeper strata that were not explored. Background Sara (Israeli oil exploration license number 348) and Myra (347) were offshore drilling licenses located 40 kilometers off the coast of Netanya, Israel. They were situated south and southwest of the confirmed Dalit gas field and southeast of the Leviathan gas field. A preliminary two-dimensional geological survey carried out by Chapman Petroleum Ltd. in 2010 estimated there to be upwards of of natural gas, equivalent to US$8–10 billion. Subsequent analysis of a three-dimensional seismic survey conducted in 2011 by Texas-based oil and gas consulting firm Netherland, Sewell & Associates Inc. confirmed a 54% probabil ...
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The Israel Land Development Company
The Israel Land Development Company - Energy Ltd. (ILDC Energy) was founded in March 2010 and since then engages in gas and oil exploration in Israel. Its holding company is the Israel Land Development Company Ltd. (ILDC). In addition to its current operations, the Company presently conducts preliminary checks of further options, in the fields of alternative energy, renewable energy and oil and gas exploration in various sites elsewhere in the world. Since the end of November 2010, the Company has been a public company traded on the Tel Aviv Stock Exchange and since December 2011, it is included in the T-A 100 Index, the T-A 75 Index and the T-A Oil & Gas Index. ILDC Energy operates directly and via Company-controlled corporations. Sara and Myra The Company holds two offshore drilling licenses: 347/”Myra” and 348/”Sara” through Emanuelle Energy Ltd. (“Emanuelle Energy”), a private company fully owned by the Company, and through Emanuelle Energy – Gas and Oil Exp ...
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