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January 21, 2011       Share:    

Source: http://www.petroleum-economist.com/default.asp?Page=14&PUB=279&SID=727660&ISS=25734

Israel a New Target for Shale Gas Exploration

(Petroleum Economist) Exploration for on-shore shale-gas deposits in Israel is underway. Canada's Adira Energy is targeting the Hula Valley, in the north of the country. The company says its assessment should be finished by year-end, when it will start drilling three wells. Drilling near the head of the Jordan River would take three to four months, with coal deposits also a possible resource.

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