Avner Oil - Annual Report 2011 - Delek Energy Systems

assetGeneral information about the Partnership's share in the oil assetDescription of the Partnership's holding in the oilassetEffective share of oil asset revenues attributableto equity holders of the Partnership:Total share of equity holders of the Partnership inthe cumulative investment in the oil asset in thefive years preceding the last day of the reportingyear (whether recognized as an expense or as anasset in the financial statements)The Partnership holds directly 26.4705% in eachof the Alon licenses.22.03%USD 15,603 thousand7.7.2 Compliance with the terms of the work plan in the Alon licenses at the date of the reportPeriodDescription of the work plandefined for the periodDescription of workplan items completedin the period 124Description of workplan items not yetcompleted in theperiod2009 Mapping potential prospects based onthe new seismic survey (2D survey),seismic facies analysis, rock physicsand assessment of potential byDecember 1, 20092010 Economic analysis of the prospects upto March 1, 20102011 Another 2D-3D seismic survey, ifrequired, by March 1, 2011.Signing a contract for offshore drillingwith a drilling contractor by March 1,2011For further informationsee the actual andplanned work plan forthe Alon licensesFor further informationsee the actual andplanned work plan forthe Alon licensesFor further informationsee the actual andplanned work plan forthe Alon licensesThe operations in thework plan werecarried out.The operations in thework plan werecarried out.The operations in thework plan werecarried out.123 The Alon licenses were granted on March 1, 2009 instead of the 198/Alon preliminary permit124 The description of the components of the work plan in the period are for the period up to the report date.A-102