Delek Drilling Completes $2.25 Billion Bond Sale

The transcript discusses the company's bond raising success and future market plans, including potential returns to the market. It highlights the impact of COVID-19 on gas demand in Israel, Jordan, and Egypt, and the positive market outlook post-lockdown. The company is exploring regional contracts and opportunities, with Egypt as a potential natural gas hub. Future projects include expanding LNG capabilities and exploring new resources, with Chevron's involvement seen as crucial for global market penetration.

What was the initial market reaction to the bond raising efforts?

• Disappointment due to low bids

• Indifference from investors

• Satisfaction with market trust

• Confusion over bond terms

How did the coronavirus pandemic initially affect the market guidance?

• It resulted in new contracts

• It had no impact on the market

• It caused a reduction in guidance

• It led to an increase in demand

What percentage of the Leviathan field remains unsold?

• 20%

• 80%

• 100%

• 50%

What role does Chevron play in the Leviathan project?

• Providing financial support

• Offering LNG capabilities

• Managing local markets

• Building new facilities

What is the ultimate goal for Israel in terms of energy development?

• To reduce energy exports

• To become an energy powerhouse

• To become a regional energy hub

• To maintain current energy levels