Delek Group Ltd. (TASE: DLEKG) units Delek Drilling LP (TASE: DEDR.L) and Avner Oil and Gas LP (TASE: AVNR.L) and Ratio Oil Exploration (1992) LP (TASE:RATI.L) announced this evening that exploratory drilling has been completed in the Dolphin 1 well in the Hanna license offshore west of Haifa.
The partners said that the Ensco 5006 rig (formerly Pride North America) has completed its work at Dolphin 1, and will now be moved to the nearby Tannin 1 well. Drilling at the new prospect is expected to take two and a half months.
The partners said that with completion of the Dolphin 1 drilling, Noble Energy Inc. (NYSE: NBL), the well operator, will begin processing and evaluating the data gathered during the drilling and the results will be formulated.
Preliminary results published last month found 15.7 billion cubic meters of natural gas in the license west of Haifa.
Noble Energy owns 39.66% of Hanna, Delek Drilling and Avner (22.67% each) and Ratio (15%) - the same proportion as at the giant Leviathan field in which the companies are all partners.
Published by Globes, Israel business news - www.globes-online.com - on December 4, 2011
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