Adira Energy Inc

Adira Energy Ltd. (TSXV: ADL) is an upstream energy company focused on the exploration and development of strategic oil and gas reserves within the Eastern Mediterranean basin. Positioned as one of the few publicly traded issuers providing pure-play exposure to the region’s major hydrocarbon discoveries, the company executes a disciplined growth strategy to capitalize on large-scale, under-explored conventional resource potential.

Operations are anchored by working interests and operating rights across three key petroleum exploration blocks offshore Israel: the Gabriella, Yitzhak, and Samuel licences. These maritime assets are located in relatively shallow waters close to shore and adjacent to existing coastal energy infrastructure, rendering future field development technically routine. By focusing on these highly prospective areas, the company aims to fast-track exploration data toward commercial resource verification.

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FRANKFURT: AORLB8; OTCBB: AMGO VANCOUVER, Sept 1 /CNW/ - AMG OIL LTD (OTCBB: AMGO; FRANKFURT: AORLB8) (the "Company") is pleased to announce that it has completed the previously announced business...