Leviathan shows signs of gas

Noble Energy Mediterranean may have found further gas offshore Israel.

Offshore staff

TEL AVIV, Israel -- Noble Energy Mediterranean may have found further gas offshore Israel.

Its latest deepwater exploration well in the Levantine basin, on the Leviathan 1 structure, has penetrated the primary target, the NG10 prospect. Initial analysis of drilling data suggests NG10 has natural gas-bearing sands.

However, it is too early to determine the size, quality, or commercial viability of the reservoir, says partner Delek Drilling.

Well operations will continue within the primary target, with a series of tests to be performed, including electrical logs.

11/29/2010

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