http://investors.nobleenergyinc.com/releasedetail.cfm?ReleaseID=380966
The original annoucement
http://investors.nobleenergyinc.com/releasedetail.cfm?ReleaseID=394724
Revised estimate(s).
Quote:
Charles D. Davidson, Noble Energy's Chairman and CEO, said, "The results of the appraisal well are extremely positive for Noble Energy, our partners, and the state of Israel. With drilling at Tamar and Dalit, we have already confirmed a very substantial amount of natural gas resources, perhaps over two decades of future supply based on projected needs. As such, we are moving forward with development plans focused on bringing the first phase of production to the Israeli shores by 2012."
----
6.3 TCF is a lot of gas in place, and that's with only two well's into the formation. Maybe Israel will find more gas, and become exporter's of Nat Gas, or at least have energy security.
The original annoucement
http://investors.nobleenergyinc.com/releasedetail.cfm?ReleaseID=394724
Revised estimate(s).
Quote:
Charles D. Davidson, Noble Energy's Chairman and CEO, said, "The results of the appraisal well are extremely positive for Noble Energy, our partners, and the state of Israel. With drilling at Tamar and Dalit, we have already confirmed a very substantial amount of natural gas resources, perhaps over two decades of future supply based on projected needs. As such, we are moving forward with development plans focused on bringing the first phase of production to the Israeli shores by 2012."
----
6.3 TCF is a lot of gas in place, and that's with only two well's into the formation. Maybe Israel will find more gas, and become exporter's of Nat Gas, or at least have energy security.
