Lapidoth has been producing oil and drilling numerous wells in the Heletz field in southern Israel for more than 50 years. More then 17 millions barrels have been produced by Lapidoth from the Heletz field since it’s discovery in the 1950’s. Today the field is composed out of 2 licenses:
The Israeli oil and gas commissioner has confirmed that Lapidoth has made a commercial discoveries on both licenses and lease applications have been filled accordingly.
Lapidoth is performing various surveys in order to locate new petrolium resources in all of it’s land and marine licenses.
The new well was finished and the production test have been performed.
On August 13, 2015 a debt settalment in Sunny has been completed. Lpaidoth in now the controlling
On February 2, 2015, Scillex Debt settlement has been approved. Lapidoth takes control of the company.
On January 29th 2017 Lapidoth announced that it’s annual shareholders meeting will be held on