In an interview with Calcalist, Ratio CEO Yigal Landau spoke of the Israeli “oil fever.” When asked about the growing popularity of oil and gas exploration, he replied that a great deal of public attention has been attracted by the recent successes in this field: “There were, in all probability, companies that had no thought of entering this field, and have now taken that step. Licenses would not have been granted to someone with no experience.”
An article posted on the Globes noted that Ratio is joining as a partner with 20% working interest in the “Sarah” and “Myra” gas fields. After two months of negotiations, Ratio will receive a 20% exploration license and a pro rata share of the rights of each of the partners.
Yigal Landau is a businessman who successfully combines merge of entrepreneurship and management skills of large-scale business entities. Yigal has been active in the business arena since the 90’s. In 1992, Yeshayahu (Shaikeh) and his son Yigal Landau, in collaboration with the Rotlevy family, the late Zvi Tzafriri, and Geologist Eitan Eisenberg, established the “Ratio Oil Exploration (1992)” – Limited Partnership for the purpose of oil exploration in Israel. Yigal was appointed to Director and General Manager of Ratio and has held both positions since the establishment of the Ratio.