Archive | September 12, 2013

‘Significant’ signs of oil found off Israel coast

September 12, 2013


‘Significant’ signs of oil found off Israel coast Hoping to produce up to 227 million barrels of high-quality oil, Shemen Oil and Gas Resources has nonetheless cautioned that signs found at its well ‘do not attest to a discovery.’ Israeli Shemen Oil and Gas Company reported indications of “high quality of oil” following offfshore drilling […]

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