Avner Oil - Annual Report 2011 - Delek Energy Systems

7.4.5 Actual work plan and intended work plan for the Tamar lease(A)The table below includes a summary of the main operations actually performed in the Tamarproject from January 1, 2009 through to the date of this report and a summary of the plannedoperations:PeriodTamar leaseSummary of the operations performedin the period / summary of the plannedwork plan2009 • On January 12, 2012, drilling of theTamar 1 well, which started onNovember 18, 2008, reached a finaldepth of 4,900 meters and ended inthe Tamar reservoir discovery. OnApril 27, 2009, work at the Tamar 2well began 5.5 kilometers north of theTamar 1 well down-dip of the Tamarformation, to verify data of thereservoir quality and continuation ofthe formation. On July 1, 2009, thewell reached a final depth of 5,145meters.• Planning and development works atthe Tamar reservoir and initialacquisition of equipment2010 • Implementation of planning anddevelopment works at the Tamarreservoir and initial acquisition ofequipment• In December 2010, a developmentplan for the Tamar and Dalit fieldswas submitted to the Commissioner("the Tamar reservoir developmentplan"). The development plan includesreference to the transmission systemand flow of natural gas through thenew production platform to the YamTethys receiving terminal at Ashdod.For further details, seesection ‎7.4.5(B) below.2011 • Implementation of the developmentplan in the Tamar reservoir, including• Implementation of an engineeringplan, purchase of equipment andpreparation before developmentdrilling• Four development drillings, Tamar 3,Tamar 4, Tamar 5 and Tamar 6, twoof which were completed in the firstquarter of 2012.• Supply and installation of most of thetransmission system from the Tamarfield to the area where the productionplatform will be constructed• Construction of the command andcontrol pipeline system connecting theproduction platform to the drillings,Actual totalcost/estimated totalbudget foroperations on thelevel of the oil asset(USD thousands) 59The Partnership'seffective share ofthe cost/budget(USD thousands)175,724 27,457434,221 67,8471,073,910 167,79859The amounts for 2009-2011 are amounts that have actually been expended and are audited in the financialstatements.A-49