Dead Sea prospect partners to announce success in logs examination

The partners in the oil prospect are gearing up for production tests.

The partners in the Tamrur Cliff (Tzuk Tamrur) 4 drilling, Zerah, Avner, and Delek Drilling, will shortly report to the stock exchange that they have successfully completed examination of the electric logs and that they are gearing up for production tests.

On Thursday, "Globes" reported that the results of the electric log examination were positive, just a few days after the partners announced that they had foud oil at the site.

Initial estimates before drilling began in October were of 6.6 million barrels of oil at the site. A source familiar with the matter told "Globes" today that that estimated had not changed after the examination of the logs.

Published by Globes [online], Israel business news - www.globes-online.com - on January 31, 2010

© Copyright of Globes Publisher Itonut (1983) Ltd. 2010

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