Investment in SOA Energy

SOA Energy is an oil exploration and development company with prospects in the Dead Sea region of Israel. Primorus participated in a private funding round by purchasing 14,977 shares at £6.67 per share. In Q1 2019 SOA was close to closing the legal and commercial terms for a farm-in agreement with a leading Israeli conglomerate thus allowing for the drilling and testing of SOA’s prospects in on-shore and off-shore Israel.