Renewed drilling finds NIS 1.2 billion of oil near Dead Sea

The report from Dunmore Consulting states that the best estimate is that the reservoir contains 7 million barrels of oil, while the high estimate is 11 million barrels. The estimates are given with 100% geological certainty of oil being found, since oil has already been produced from the reservoir, in the Halamish drilling.







Read More: http://www.jpost.com/Israel-News/Renewed-drilling-finds-NIS-17-million-of-oil-near-Dead-Sea-452764