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Author Topic: Givot Olam Oil Well: Test Results Soon  (Read 724 times)

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Offline Irish Zionist

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Givot Olam Oil Well: Test Results Soon
« on: January 10, 2010, 12:47:03 PM »
Samuel Becker, CEO of Givot Olam, an oil exploration company which is drilling near Rosh HaAyin, announced today that the company has completed the exploratory drilling at the Meged 5 well and that now the company will be waiting for the results of the tests to determine the commercial viability of the well.
http://www.israelnationalnews.com/News/Flash.aspx/178250
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Offline JTFenthusiast2

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Re: Givot Olam Oil Well: Test Results Soon
« Reply #1 on: January 10, 2010, 06:44:29 PM »
Thanks for this post.  This is good news. Israeli is completely dependent on the  Egyptian oil that they discovered and extracted.  I read this somewhere about a year ago and I think Chaim has discussed this on his previous English forum "Ask JTF" broadcasts
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