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Israel's Tamar Partners Sign $700 Million Contract With Paz Oil

JERUSALEM -(Dow Jones)- The partners in Israel's offshore Tamar natural gas field said Monday they have signed a supply contract worth $700 million with Paz Oil Co. Ltd. (PZOL.TV). The contract calls for the Tamar partners to supply 3.12 billion cubic meters of natural gas over 15 years to Paz, which operates an oil refinery in Ashdod and filling stations around Israel. Paz said it will use the natural gas to run two power plants for its oil refinery. The main partners in Tamar include Delek Group Ltd. (DLEKG.TV) subsidiaries Avner Oil Exploration (AVNR.L.TV) and Delek Drilling LP (DEDR.L.TV) and Houston-based Noble Energy Inc. (NBL). Tamar is expected to begin production next year. Its partners recently announced that the estimated amount of natural gas in Tamar has been increased to 9.7 trillion cubic feet from 9 trillion cubic feet. The Tamar partners have already signed several supply contracts, including one worth $15 billion with state-owned Israel Electric Co. At 1459 GMT, shares of Paz were up 4.50 shekels ($1.21), or 0.91%, at ILS500.50; shares of Avner were up ILS0.018, or 0.71%, at ILS2.563; and shares of Delek Drilling were up ILS0.07, or 0.50%, at ILS14.21, in a higher Tel Aviv market. -By Sara Toth Stub, Contributing to Dow Jones Newswires, saratoth@gmail.com

Stock News for Noble (NBL)
DateTimeHeadline
07/31/201512:32:41Noble Energy Revenue Seen Dropping--Earnings Preview
07/31/201506:15:56Current Report Filing (8-k)
07/30/201517:08:42Statement of Changes in Beneficial Ownership (4)
07/28/201517:14:22Post-effective Amendment to Registration Statement (pos Am)
07/22/201517:51:42Statement of Changes in Beneficial Ownership (4)
07/22/201509:05:00Technical Coverage on Independent Oil and Gas Stocks -- Noble...
07/21/201516:19:30Initial Statement of Beneficial Ownership (3)
07/21/201516:13:58Post-effective Amendment to an S-8 Filing (s-8 Pos)
07/21/201516:11:31Current Report Filing (8-k)
07/17/201516:43:35Securities Registration: Employee Benefit Plan (s-8)
07/17/201516:38:48Post-effective Amendment to an S-8 Filing (s-8 Pos)
07/17/201506:01:37Notice of Effectiveness (effect)
07/16/201517:28:50Prospectus Filed Pursuant to Rule 424(b)(3) (424b3)
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07/06/201516:43:38Statement of Changes in Beneficial Ownership (4)
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06/29/201508:54:04Securities Registration: Business Combination (s-4)
06/29/201507:16:36Current Report Filing (8-k)
06/19/201509:06:00/C O R R E C T I O N -- CONE Midstream Partners LP/
06/19/201508:20:00CONE Midstream To Participate In Credit Suisse MLP & Energy Logistics...

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