Givot Olam Struggles with Oil Discovery

In 2004 Givot Olam announced an oil discovery in their Meged #4 well, the newly discovered ‘Meged oil field’ was estimated to contain 980 million barrels of crude; about 200 million barrels of that actually recoverable. Israel’s Ministry of National...

Adira Energy Awarded Offshore License

(source: Scandinavian Oil & Gas Magazine) AMG Oil says that the Israeli Petroleum Commissioner’s office has notified the Company that, during the most recent sitting of the Israeli Petroleum Board, the Company, through its wholly-owned subsidiary Adira...

Stephen Pierce Featured in Zion Weekly Update

Zion Oil’s exploration manager was featured in last week’s company update to shareholders. In February 2005, Stephen was retained as Zion’s consulting geologist for the drilling of the Ma’anit #1 well. He joined us on a full time basis in...