Company Tamar Petroleum Ltd

Equities

TMRP

IL0011413577

Oil & Gas Exploration and Production

Market Closed - TEL AVIV STOCK EXCHANGE Other stock markets 07:24:08 2024-04-25 am EDT			5-day change	1st Jan Change
2,255 ^ILa	-2.30%		-2.51%	+37.58%

Mar. 21	Tamar Petroleum Ltd Reports Earnings Results for the Full Year Ended December 31, 2023	CI
2023	Tamar Petroleum Ltd Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	CI

Business Summary

Tamar Petroleum Ltd is an Israel-based company, which is engaged in the offshore natural gas exploration and production. It holds stake in the Tamar and Dalit gas fields. The Tamar reservoir provides more than 30 million cubic meters of natural gas per day, which is used to generate approximately 50% of Israelâs electricity. Its reservoir customers in Israel are Israel Electric Corporation, private power plants Rotem OPC, Dorad and Dalia, Bazan Oil Refineries, the Dead Sea Works, as well as industrial plants such as Phoenicia Flat Glass Industries, Hadera Paper, and Shaniv Paper Industries. Almost all of the processing of natural gas is performed on the Tamar rig. From the rig, the natural gas is transported in pipelines to the onshore Terminal at Ashdod, where it undergoes residual processing that makes it suitable for the needs of the Israeli market before being pumped into the national gas pipeline of Israel Natural Gas Lines Ltd. The Company is a subsidiary of Delek Drilling LP.

Number of employees: 8

Sales per Business

ILS in Million	2021	Weight	2022	Weight	Delta
Natural Gas 116.3 %	759	116.7 %	994	116.3 %	+30.98%
Royalties -18.8 %	-122	-18.7 %	-161	-18.8 %	+32.23%
Condensate 2.5 %	13	2.0 %	22	2.5 %	+64.74%

Sales per region

ILS in Million	2021	Weight	2022	Weight	Delta
Israel 75.9 %	549	84.4 %	649	75.9 %	+18.24%
Jordan and Egypt 24.1 %	101	15.6 %	206	24.1 %	+102.75%

Managers

Managers	Title	Age	Since
Barak Mashraki CEO	Chief Executive Officer	51	21-11-30
Bar Zaguri DFI	Director of Finance/CFO	37	19-03-31
Tamir Itshak Abudi BRD	Director/Board Member	60	21-11-30
Heli Irus PRN	Corporate Officer/Principal	-	-
Boulos David Saad AUD	Comptroller/Controller/Auditor	33	23-02-28
Efrat Hozeh Azrad LAW	General Counsel	49	17-08-31
Alon Amit AUD	Comptroller/Controller/Auditor	50	17-09-30

Members of the board

Members of the board	Title	Age	Since
Alon Alexander Cohen BRD	Director/Board Member	77	17-09-09
Giora Inbar BRD	Director/Board Member	68	17-04-30
Nehama Ronen BRD	Director/Board Member	62	17-04-30
Barak Mashraki CEO	Chief Executive Officer	51	21-11-30
Ronnie Haim Bar-On CHM	Chairman	75	21-11-30
Tamir Itshak Abudi BRD	Director/Board Member	60	21-11-30

Share class

	Vote	Quantity	Free-Float	Company-owned shares	Total Float
Stock A	1	88,495,576	38,855,741 ( 43.91 %)	0	43.91 %

Shareholders

Name	Equities	%	Valuation
Gober Aharon Frenkel 24.99 %	22,115,898	24.99 %	145 M ILa
Eli Azur 24.14 %	21,366,021	24.14 %	140 M ILa
Menora Mivtachim Provident Funds Ltd. 12.45 %	11,018,182	12.45 %	72 M ILa
Mordechay Maurice Ben Moshe 6.958 %	6,157,916	6.958 %	40 M ILa
Migdal Mutual Funds Ltd. 1.171 %	1,036,226	1.171 %	7 M ILa
KSM Mutual Funds Ltd. 1.078 %	954,349	1.078 %	6 M ILa
Exodus Management Israel Ltd. 0.3463 %	306,474	0.3463 %	2 M ILa
Harel Mutual Funds Ltd. 0.3406 %	301,430	0.3406 %	2 M ILa
Modelim Money Markets Ltd. 0.1974 %	174,700	0.1974 %	1 M ILa
Barometer Investment House Ltd. 0.0917 %	81,153	0.0917 %	531 171 ILa