About Alon Natural

The company operates in the field of exploration, development, and production of oil and natural gas. Its operations in this area are conducted through the full (100%) ownership of Dor Gas Exploration – Limited Partnership. In addition, the company holds shares in the public company Tomer Energy Royalties (2012) Ltd. and the private company Alon Gas Royalties Ltd., both of which hold rights to receive royalties at various rates in connection with oil and/or gas and/or other valuable materials produced and utilized from the portions held by the royalty payers in the Tamar and Dalit licenses.

Dor Gas Exploration – Limited Partnership holds a 4% interest (out of 100%) in the rights to the Tamar and Dalit licenses, where the Tamar, Tamar South West, and Dalit reservoirs are located. It engages in the sale of natural gas extracted from the Tamar reservoir (which began producing natural gas and condensate in 2013) to various customers in the local market, primarily the Israel Electric Corporation, as well as in the sale of natural gas to Jordan and Egypt. Additionally, Dor Gas Exploration – Limited Partnership sells condensate produced from the Tamar project to Paz Ashdod Refinery Ltd. and is involved in advancing the expansion of the Tamar project’s production facilities.

The company was incorporated in Israel in September 2009 as a private company. Its securities were first listed for trading on the Tel Aviv Stock Exchange in February 2010, and in February 2023, the company became private again.

Currently, the company is owned by Noy Reserves, Limited Partnership and Essence Energy, Limited Partnership, holding approximately 70.64% and 29.36% of the company, respectively. The company is under their joint control.