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JERUSALEM — Israel’s Delek Energy Systems Ltd. said Tuesday it has purchased Denver-based energy firm Elk Resources Inc. for $95 million.
Elk Resources, a privately held company based in Denver, owns gas and oil fields in the Rocky Mountains. Delek said it plans to invest a further $100 million in Elk Resources to develop more of its gas and oil fields.
Delek Group Ltd., a holding company with interests mainly in energy, real estate, communications and insurance, owns 89 percent of Delek Energy, which invests in exploring for and developing petroleum and natural gas resources.
