Signs of oil on Israel’s Golan Heights Reports Drilling Firm From Exploration Site

As ‘Green Groups’ continue to protest, Afek seeks additional permits to advance to next stage of exploration, if reports of “promising findings” from target layer, is accurate. But it is too soon to know whether the material found relates to crude oil, gas, or oil shale.

By Hezi Sternlicht

 

Israel’s energy industry continues to bubble: A mere two days after the sudden resignation of Antitrust Authority head David Gilo, reports by the Jini energy exploration company, which has been contracted by the Afek company to conduct its exploratory oil drilling on the Golan Heights indicate that the company has promising findings from the target layer.

 

View original Israel Hayom publication at: http://www.israelhayom.com/site/newsletter_article.php?id=25771

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