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Ratio Oil Exploration 1992 LP (RATIL) jumped the most in more than two weeks after the Tel Aviv, Israel-based company said a report found some of the resources of the Tanin field are in the Amit/350 license in which it has a stake.
The shares rose 3.6 percent, the most since June 25, to 0.259 shekel at 2:29 p.m. in Tel Aviv.
Avner Oil Exploration LLP (AVNRL) and Delek Drilling-LP (DEDRL), partners in the Tanin field, said consultants Netherland, Sewell and Associates, Inc. provided an update amending the location of resources.
-- Editors: Robert Lakin, Claudia Maedler
To contact the reporter on this story: Shoshanna Solomon in Tel Aviv at ssolomon22@bloomberg.net
To contact the editor responsible for this story: Claudia Maedler at cmaedler@bloomberg.net