Ellomay Granted Israeli OK for Mediterranean Farm In



Ellomay Capital announced that the Israeli Petroleum Commissioner approved the farm-in of Ellomay Oil and Gas 2011 LP, a limited partnership whose general partner is a wholly-owned subsidiary of Ellomay, to 20 percent of the participating interests in the Yitzchak oil and gas exploration and drilling license in the Mediterranean sea (the "Farm-In Transaction"). The Farm-In Transaction is now unconditional and effective.