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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Update With Regards to Alon B/365, Alon F/369, Ruth A/358 and Ruth B/359 licenses

Tel Aviv, Monday, November 30, 2015. The Israeli  Minister of National Infrastructure, Energy and Water Resources advised the  partners in Alon B/365, Alon F/369, Ruth A/358 and Ruth B/359 licenses  (“Partners”) about his decision to reject the petition that was filed by  Partners following the Oil Commissionaire’s previous decision not to approve  the extension request.

In light of this decision of the Minister of Energy, the  Partners are now evaluating their legal options available for their realization  with regard to their rights.

For more information please see the immediate reports as  published on TASE.

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