Gas and Oil Exploration Partnership “An Israeli opportunity “Report on the appointment of a senior member of the global oil industry to the position of President of the company. This is Nicholas Alan Maden, former Vice President of the National Petroleum Company of Norway, a geologist by training and with 30 years of experience in oil and gas, including opportunity development. In the field in over 25 countries.
“Israeli Opportunity” currently has an extensive portfolio of marine licenses in Israel, and it is traded on the stock exchange at a value of about NIS 30 million, after a climb of about 90% that its share has shown in the past year.
Roni Hellman, Chairman of “Israeli Opportunity”, stated that “we are confident that Madden’s rich experience in both the geological field and in the international activity of gas and oil exploration will greatly contribute to” Israeli Opportunity “and the realization of its strategic plans in the coming years.”