Technical Analysis for ISRL - Isramco, Inc.

Isramco, Inc., an independent oil and natural gas company, engages in the exploration, development, and production of oil and natural gas properties located onshore in the United States and offshore Israel. It operates through two segments, Exploration, Development, and Production; and Production Services. The company own various working interests in oil and gas wells in Louisiana, Texas, New Mexico, Oklahoma, Wyoming, Utah, and Colorado; and operates approximately 589 producing wells located primarily in Texas and New Mexico. It also has overriding royalty interests in three oil and gas licenses located offshore Israel. The company offers its oil and natural gas production to independent marketers, oil and natural gas companies, and gas pipeline companies. In addition, it provides a range of well services, including the completion of newly-drilled wells, maintenance and workover of existing wells, and plugging and abandonment of wells to oil and gas exploration and production companies. As of December 31, 2012, the company's estimated total proved reserves were approximately 36,266 thousand barrels of oil equivalent that consisted of 3,233 thousand barrels of oil, 186,837 million cubic feet of natural gas, and 1,893 thousand barrels of natural gas liquids; and operated 15 deployed well service rigs. Isramco, Inc. was founded in 1982 and is based in Houston, Texas.