Dead Sea Oil Company Seeks Funding
April 8, 2010 by admin
Ginko Oil Exploration, the general partner in the Zerah exploration partnership, is planning to float shares on the Tel Aviv Stock Exchange. The company will be filing its draft prospectus with the Israel Securities Authority next week. It hopes to raise somewhere between NIS 40 million and NIS 50 million, which it would invest in exploring for fossil fuels. It has yet to choose an underwriter. Unlike the other gas exploration bodies, which are limited partnerships (that are eligible for certain tax breaks), Ginko is a regular company. (Lior Zeno)
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Last year I had a dream/vision after reading Is. 60 & saw oil gushing up out from the dead sea & I wrote Zion Oil & told them about & thought they were the only oil company in Israel & I feel certain that it will happen & would like to know how I can go about purchasing a few shares…Cannot buy much right now, but want to invest & would appreciate your information. Thank you!
Please send me a info on your company (address removed for privacy)
Hi Patricia,
Which company are you wanting info about?
Hi Sharon,
Read my ‘investing’ answer in the comment section at: http://www.oilinisrael.net/top-stories/zion-oil-reduces-warrant-price