Showing posts with label Israeli companies. Show all posts
Showing posts with label Israeli companies. Show all posts

Friday, July 19, 2013

Israel’s Deepest Well Targets 1.5 Billion Barrels of Oil

The deepest oil well drilled in Israel’s 65-year history may be the most important.Houston’s Noble Energy Inc (NBL). will probe 6,500 meters (4 miles) below the Mediterranean seabed later this year, targeting as much as 1.5 billion barrels of crude, equal to about 15 years of Israeli demand.