Noble Energy said in response, "There is nothing new. Drilling is continuing normally."
Rumors of a drilling problem at the Leviathan 1 well have sent the share prices of the gas field's partners plummeting. Leviathan's Israeli partners have yet to make any announcement.
Noble Energy Inc. (NYSE: NBL) owns 39.66% of Leviathan, Delek Group Ltd. (TASE: DLEKG) units Avner Oil and Gas LP (TASE: AVNR.L) and Delek Drilling LP (TASE: DEDR.L) each own 22.67%, and Ratio Oil Exploration (1992) LP (TASE:RATI.L) owns 15%.
Noble Energy said in response, "There is nothing new. Drilling is continuing normally."
Avner's share price is down 2.4% at midday to NIS 2.49, giving a market cap of NIS 8.5 billion, Delek Drilling share price is down 2.8% to NIS 13.65 giving a market cap of NIS 7.7 billion, Delek Group's share price is down 3.4% to NIS 673 giving a market cap of NIS 7 billion, and Ratio's share price is down 10.6% to NIS 0.33 giving a market cap of NIS 2.4 billion.
Published by Globes [online], Israel business news - www.globes-online.com - on March 21, 2012
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