The consortium seeking gas off the coast of Haifa authorized two more drill sites in order to confirm the historic gas find in the Mediterranean Sea.
Tamar-2 and Dalit-1 will begin immediately after the current production tests at Tamar-1.The new drilling is intended to confirm the quantity of gas.
Dalit-1 is expected to continue for two months, at a cost of $50 million. Tamar-2 will continue for about three months at a total cost of $75 million.
After the Tamar-1 well found gas, drilling operator Noble Energy said the group would conduct more tests and drilling to confirm the find and the estimated quantity.
The Tamar prospect in the Matan license is owned by Delek Group Ltd. (TASE: DLEKG) units Delek Drilling Limited Partnership (TASE: DEDR.L) and Avner Oil and Gas LP (TASE: AVNR.L) with a 15.625% stake each, along with Isramco Ltd. (Nasdaq: ISRL; TASE: ISRA.L) (28.85%), Noble Energy Inc. (NYSE: NBL) (36%), and Alon Israel Oil Company Ltd. subsidiary Dor Gas Exploration Ltd. (4%).
Dalit-1 will be drilled in the Michal license.
Published by Globes [online], Israel business news - www.globes-online.com - on February 1, 2009
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