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  September 5, 2001
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Home > Company Index > Energy > Oil & Gas Exploration & Production > Isramco, Inc.

Isramco, Inc.
Nasdaq (SC): ISRL
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 PROFILE
There may be milk and honey on the other side of the River Jordan, but to date, not much oil. In Israel, Isramco operates the Shederot Venture, which has one onshore drilling license; the Negev Med Venture, which has five offshore licenses; and the Yam Ashdod Carveout Venture, which has one offshore license. Privatization of Israeli oil companies has allowed Isramco to expand into other countries. It owns Jay Petroleum, which has proved reserves of 125,000 barrels of oil and 3.7 billion cu. ft. of gas in Louisiana, New Mexico, Oklahoma, Texas, and Wyoming, and a Congo offshore exploration venture. Fellow Israeli oil firm Naptha Israel Petroleum owns 48% of Isramco.

 COMPETITION
Atwood Oceanics, Inc. (ATW)
BP p.l.c. (BP)
Eni S.p.A. (E)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 2.10
1-Yr. Sales Growth: (27.6)%
Employees: 9
Revenue per employee: $233,333.33

 KEY PEOPLE
• Haim Tsuff
    CEO
• Pinchas Pinchas
    CFO

 CONTACT INFO
1770 St. James Pl., Ste. 607
Houston, TX 77079
US
Phone: 713-621-3882
Fax: 713-621-3988

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