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March 4, 2014
14:00 EDTNBL, WOPEYIsraeli tax levy on Leviathan field could endanger Woodside deal, Globes says
Israel's Finance Ministry will recommend that the country's government levy a higher tax on gas exports than sought by Australian energy company Woodside (WOPEY), according to Globes. Woodside has tentatively agreed to buy a 25% stake in Israel's Leviathan gas field, but the company's CEO told an Australian newspaper that the deal could collapse, Globes stated. Israeli Prime Minister Benjamin Netanyahu could still intervene on the tax issue, Globes added. Noble Energy (NBL) has a 39.66% stake in Leviathan. Its stake is expected to drop to 30% if the deal with Woodside is completed. Reference Link
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October 13, 2014
10:26 EDTNBLHigh option volume stocks
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