SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
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CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
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Date of Report: August 9, 1999
ISRAMCO, INC.
(Exact name of registrant as specified in its charter)
Delaware 0-12500 13-3145265
(State or Other Jurisdiction Commission File IRS Employer
of Incorporation) Number) Identification No.)
1770 St. James Place, Houston, Texas 7705 Suite 607
(Address of Principal Executive Offices)
713-621-3882
(Registrant's Telephone Number, including Area Code)
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INFORMATION TO BE INCLUDED IN THE REPORT
ITEM 5. OTHER EVENTS
Isramco Inc., as operator of the offshore licenses in Israel, reported that
the drilling rig, Atwood Eagle, has commenced drilling on the Yam West 2 well.
The drilling is planned for a total depth of up to 10,500 feet (3200 meters), in
a water depth of 2,525 feet (770 meters).
The primary objective of the drilling is to test for the existence of oil
and/or gas at depths ranging from 8,690 feet (2,650 meters) and deeper. A
secondary objective is to test for a gas reservoir at a depth of 5,412 feet
(1,650 meters).
The anticipated duration of the drilling is for 60 days. Following
completion of the drilling, based on the results, it will be determined whether
production tests will be carried out.
SIGNATURE
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.
Date: August 9, 1999 Isramco, Inc.
By: /s/ Haim Tsuf
Haim Tsuf
Chairman of the Board
Exhibit Press Release, dated August 5, 1999
