Givot Olam is almost uniqe among Israeli oil exploration companies, in that it is not based on massive investment of a small number of “tycoons”, but rather it belongs to a large group of about 14,000 investors from the wider community.
The investment of approximately $ 84 million in the partnership has enabled the discovery of the Meged oil field and the start of production of oil from it.
The Partnership believes that continued operations for development of the Meged field and the resulting increased production will raise the value of the shares.
Cumulative sales of the oil produced by the Partnership has reached approximately $60 million according to the last financial report dated 30.06.2014.
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