Cohen Development Gas & Oil Inc. (CDEV)
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Cohen Development Gas & Oil Inc. Profile
| Industrial Conglomerates Industry | Industrials Sector | Mr. Shimshon Albeck CEO | TASE Exchange | IL0008100104 ISIN |
| Israel Country | - Employees | 4 Jun 2026 Last Dividend | - Last Split | - IPO Date |
Overview
Cohen Development Gas & Oil Ltd. is a distinguished player in the energy sector, focusing on the exploration, development, and production of oil and natural gas. With its roots dating back to 1958, the company boasts a rich heritage and has established a substantial footprint in the energy market. Based in Bnei Brak, Israel, Cohen Development possesses a diversified portfolio of interests in significant oil and gas properties, underlining its commitment to energy exploration and production. Through strategic investments and a focus on key geographic locations, the company has secured its position as a leader in the extraction and development of vital energy resources.
Products and Services
Cohen Development Gas & Oil Ltd. offers a broad range of products and services related to the oil and gas sector, including:
- Exploration: The foundation of the company’s operations. Cohen Development is actively involved in the exploration of new oil and natural gas fields, employing state-of-the-art technology and expertise to discover new energy reserves.
- Development: Following the discovery of oil and gas reserves, the company engages in the development of these sites to bring them to a productive state. This involves the construction and installation of necessary infrastructure, drilling of wells, and implementation of efficient extraction techniques.
- Production: Once the development phase is completed, Cohen Development moves into production, extracting oil and natural gas for sale on the global market. Their operational efficiency and attention to environmental considerations ensure sustainable and profitable production processes.
- Property Interests: Cohen Development Gas & Oil Ltd. holds interests in a variety of significant properties, including Ashkelon, Noa, Tamar, Dalit, North Whale, South Whale, Block 12, Shark, Crocodile, New Horizon, and New Yahel. These interests represent a strategic portfolio of assets that underpin the company's value and future growth prospects in the oil and gas sector.
