Newmed Energy Lp traded at 2,195.00 this Wednesday March 4th, increasing 9.00 or 0.41 percent since the previous trading session. Looking back, over the last four weeks, Newmed Energy Lp gained 12.62 percent. Over the last 12 months, its price rose by 63.32 percent. Looking ahead, we forecast Newmed Energy Lp to be priced at 1,897.72 by the end of this quarter and at 1,738.44 in one year, according to Trading Economics global macro models projections and analysts expectations.
Delek Drilling LP (The Partnership) is an Israel-based company engaged in oil and gas exploration, development and production in Israel, as well as in oil and gas exploration in the territorial waters of Cyprus. The Company operates in partnership with Delek Drilling Management (1993) Ltd and Delek Drilling Trusts Ltd. The Partnership’s holdings include Yam Tethys Ltd, Delek Driling (Leviatan Finance) Ltd, Delek Driling (Yam Tethys Finance) Ltd, Delek and Avner Yam Tethys Ltd and Delek Driling (Tamar Finance) Ltd. The Partnership’s operations mainly focus on supplying natural gas from the Ashkelon lease (the Mari B reservoir) in the Yam Tethys project, developing the Tamar and Noa gas reservoirs, exploration and development of the satellite reservoirs of the Mari B reservoir (the Pinnacles), appraisal at the Leviathan reservoir, exploration in the territorial waters of Cyprus and exploration in areas covered by licenses in which the Partnership owns.