| TSX.V: ADL TORONTO, Dec. 6, 2011 /CNW/ - ADIRA ENERGY LTD. (OTCBB: ADENF; FRANKFURT: AORLB8). Adira Energy Ltd. ("Adira" or the "Company") confirms that, notwithstanding the filing today in Israel by certain owner's of Petroleum Licenses #347 "Myra" and #348 "Sara", ("M&S Licenses"), Adira's option to acquire a 5% participating interest in each of the M&S Licenses, assigned to the Company by Geo Global Resources Inc., and its wholly owned subsidiary, Geo Global Resources (India) Inc. (c...continued ADENF ADL:CA |
Tuesday, December 6, 2011
Adira Energy clarifies its position regarding its option to acquire a working interest in the "Myra" and "Sara" petroleum licenses offshore Israel
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