Israel Discovers Oil Near Dead Sea

[AP/Globe and Mail-Canada] Ramit Plushnick-Masti - An Israeli company has discovered a small amount of oil at a drilling site near the Dead Sea. Initial tests have found that the site would yield between 100 and 150 barrels a day, said Eli Tannenbaum, geologist for the Ginko oil exploration company. Tannenbaum said there were signs that larger amounts of crude are nearby.


2006-10-06 01:00:00

Full Article

BACK

Visit the Daily Alert Archive