Israel Petroleum Company


VAIL, Colorado, October 25, 2010 - Israel Petroleum Company, Limited (IPC) is pleased to announce that it has signed an agreement to acquire the publicly listed Israeli company Shaldieli, Ltd.

VAIL, Colorado, October 18, 2010 - Israel Petroleum Company (IPC) is pleased to announce that it has entered into an agreement with Ofer Investments, Ltd.

DENVER, September 4, 2010 - Israel Petroleum Company (IPC) is pleased to announce today the results of the Prospective Resource Evaluation Report (the "Report") prepared by Chapman Petroleum Engineering Ltd.

DENVER, August 2, 2010 - Israel Petroleum Company, Limited ("IPC") is pleased to announce that the transfer and registration of its ownership rights in the Sara and Myra offshore Israel licenses has been granted by the Petroleum Commissioner of the Israel Ministry of National Infrastructure ("MNI").
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