Oil and Gas Explorations

As part of Ellomay's investments in energy and infrastructure,

On December 5, Ellomay Oil and Gas 2011 LP, a limited partnership whose general partner is a wholly-owned subsidiary of Ellomay has entered into Farm-out Agreement with Adira Energy Israel Ltd. Pursuant to such agreement, Ellomay has 10% of the participating interests in the Yitzchak oil and gas exploration and drilling license in the Mediterranean sea.