Delek Energy: Vietnamese prospect information may mislead

“The expectation of $700 million in revenue from drilling in Vietnam is based on an unrisked evaluation.

Delek Group Ltd. subsidiary Delek Energy Systems Ltd. responded today yesterday’s report in “Globes”. That report said that information available to Delek Energy about a drilling prospect off the coast of Vietnam, in which Delek Energy had a 25% stake, had not been communicated to the company’s investors prior to Delek Group’s offer to purchase for Delek Energy’s shares held by the public.

Globes