Zerah and Ginko get Negev gas exploration license
February 18, 2010 by admin
The Orly prospect is north of Arad.
Globes Online: Mira Awwad 16 Feb 10 17:46
The Orly license covers a 102,400 (50,600-acre) area in the southern Judean Desert, above the Dead Sea.
Under the terms of the license, Zerah and Ginko will conduct a 2D seismic survey of the prospect by mid-October 2010, analyze the results and submit a drilling proposal by mid-February 2011. They will begin drilling a 2,000-meter well by mid-October 2011, and submit a report for further operations at the well within four months of the completion of the well.
Last week, Zerah obtained the offshore Gulliver license.
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