26 April 2024
Modiin Energy sees gas potential of 1.4 Tcf off Israel coast
Publication date: 05 December 2011
Gas Strategies Group
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Modiin Energy has said its Yam Hadera licence off Israel’s Mediterranean coast holds potential resources of 1.4 Tcf of gas and 133 million barrels of oil, according to media reports over the weekend. A survey carried out by Netherland, Sewell & Associates gave a 17-visual_editor9% chance of geological success for gas and a visual_editor5-visual_editor9% chance for oil.