Isramco Negev 2 LP (TASE: ISRA.L) is an American Israeli Limited Partnership that holds interests in oil and gas properties in Israel. The partnership shares are traded on the Tel Aviv Stock Exchange and have been a constituent of the TA-25 Index since January 2010. The partnership was founded by Isramco Inc. (Nasdaq: ISRL) and other parties in 1989. In Aug 16, 2004, Isramco, Inc. restated its financial results for three quarters in 2003 to reflect its adoption of the Statement of Financial Accounting Standards No.143 "Accounting for Asset Retirement Obligations". The restatements decreased net income for each quarter. More information...
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