Seeking Alpha

Partners in Israel's Tamar field find more gas nearby

  • The Israeli partners in the Tamar offshore natural gas field say two nearby reservoirs contain ~0.7T cf of natural gas but have not yet made a decision on whether they will develop the reservoirs.
  • Noble Energy (NBL) owns 36% of Tamar, while Delek Drilling (DKDRF.OB) and Avner Oil (AVOGF.PK), both subsidiaries of Delek Group (DGRLY.PK), hold 15.625% each; Isramco Negev holds 28.75%.
  • Tamar holds an estimated 10T cf of gas.
Comments (1)
  • delockwood2001
    , contributor
    Comment (1) | Send Message
     
    Noble Energy is NBL, not NE. NE is Noble Corporation, a driller.
    21 Aug 2013, 10:38 AM Reply Like
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