Gas Subsidiaries Update

The following updates are based on information released by Delek Group gas subsidiaries, Delek Energy Systems Ltd., Avner Oil & Exploration L.P and Delek Drilling L.P. All financial and business information is given only for the convenience of the reader. The only official financial and business information, is that which is included in the officially published immediate reports and financial reports of Delek Group and its gas subsidiaries, to the Israeli Securities Authority and the Tel Aviv Stock Exchange, in Hebrew. In the event of any conflict between financial and business information given on this site and the Hebrew published immediate reports, the Hebrew published immediate reports shall prevail. More on Delek Group's disclaimer.

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Judgment of the Petition to the High Court on Leviathan South I/14 and Leviathan North I/15 Leases

Tel Aviv, Tuesday, December 8, 2014. With regard to the appeal submission by the Association for Sustainable Economics against the Minister of National Infrastructures, Energy and Water recourses, the Petroleum Commissioner of Energy and Water Resources, and against the partners in the Leviathan South I/14 and Leviathan North I/15 leases, which includes Delek Group's gas subsidiaries, which includes claims with respect to subordinated holdings and it's granting process, Delek Group's gas subsidiaries announced that following a hearing at the High Court in Jerusalem that was held December 8, 2014, a judgment was granted in accordance to which, following the High Court recommendation, the petitioner withdrew their petition and the appeal was rejected.
For more information please see the immediate reports as published on TASE.

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