SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Earliest Reported Events August 11, 1998
ISRAMCO, INC.
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(Exact name of registrant as specified in charter)
Delaware
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(State of Incorporation)
1770 St. James Place, Houston, Texas 77056 Suite 607
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(Address of principal executive offices)
713-621-3882
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(Telephone number)
0-12500 13-3145265
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Commission File No. IRS Employer ID No.
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Item 5. Other Material Events
Isramco, Inc., as the operator of the Gevim - 1 well in Israel, announced
on August 11, 1998 that the production tests on the well were completed and that
during the test salt water and small, non-commercial quantities of gas were
indicated. As a result, the Gevim - 1 will be plugged and abandoned.
Total expenditures including tests were approximately $6.7 million.
Isramco's working interest in the well is 1.0043%.
Item 7. Exhibits
None.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
Isramco, Inc.
(registrant)
August 12, 1998 By: /s/ Haim Tsuff
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(date) Haim Tsuff, Chairman of the Board
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