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 Report: December 11, 2000
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.
11767 Katy Freeway, Houston, Texas 77079
(Address of Principal Executive Offices)
713-621-5946
(Registrant's Telephone Number, including Area Code)
---------------------
<PAGE>
2
INFORMATION TO BE INCLUDED IN THE REPORT
ITEM 5. OTHER EVENTS
Drilling on an onshore well, the Tilapia-Land 1 within the Tilapia permit
in the Congo, commenced in September 2000. An estimated budget of approximately
$2.8 million (inclusive of production tests) was previously approved.
Based on the results of the production tests that were performed on the
well, the license participants decided to plug and abandon the well.
Isramco Inc. holds a 50% participation interest in the Tilapia permit. The
remaining participation interest is held by an affiliated entity.
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: December 11, 2000 Isramco, Inc.
By: /s/ Haim Tsuff
Haim Tsuff
Chairman of the Board