November 13, 2012

A Lot More Offshore Gas Discovered in Israel

DowJones Newswire reports that Delek Drilling Partnership and Avner Oil Exploration announced Sunday that the Karish prospective offshore gas field may hold as much as 2 trillion cubic feet of natural gas.
A survey said the field may contain as much as 3.5 trillion cubic feet of gas.
Delek and Avner own 26.47% of the field, and Noble Energy owns 47.1% and it is located near their Leviathan gas field.
Gas discoveries was just recently a topic of discussion on The Yishai Fleisher Show on radio.
Source: FoxNews

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