Gustavson Associates conducted the 3D seismic survey of the license in April.
Modiin Energy LP (TASE:MDIN.L) today announced that the 3D seismic survey of its Gabriella license has a best estimate of 277 million barrels of oil.
Gustavson Associates conducted the 3D seismic survey of the license in April.
Modiin's share price rose 9.7% on the report to NIS 0.034, giving a market cap of NIS 602 million.
Published by Globes [online], Israel business news - www.globes-online.com - on September 7, 2011
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