SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Earliest Reported Events January 19, 1998
ISRAMCO, INC.
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(Exact name of registrant as specified in charter)
Delaware
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(State of Incorporation)
1770 St. James Place, Houston, Texas 77056 Suite 607
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(Address of principal executive offices)
713-621-3882
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(Telephone number)
0-12500 13-3145265
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Commission File No. IRS Employer ID No.
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Item 5. Other Material Events
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The Company, as the operator of the Shederot license, announced on January
19, 1998 that the Gurim 1 well was spud within the license area. The Gevim 1
well is planned for a total depth of approximately 14,715 feet and the estimated
cost of the drilling is $6.3 million including production tests. The drilling
activity should take between 3 to 4 months. The Company's share of the estimated
cost for drilling, including production tests, is approximately $63,270.
Item 7. Exhibits
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None.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
Isramco, Inc.
(registrant)
January 21, 1998 By: /s/ HAIM TSUFF
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(date) Haim Tsuff
Chairman of the Board
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