Partners in Israel's Tamar field find more gas nearby

|By:, SA News Editor

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.