After two dry wells, big new gas find in Alon license energizes the industry

Carish prospect may hold as much as two trillion cubic feet, though commercial exploitation poses daunting challenges for Noble and partners.

By Eran Azran | 08:23 12.11.12 |

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Eran Azran

After the failures of the Myra and Sara wells over the last two months, the Israeli energy sector received a big boost yesterday with news of a large natural gas discovery in the Alon C license area.

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After two dry wells, big new gas find in Alon license energizes the industry

Carish prospect may hold as much as two trillion cubic feet, though commercial exploitation poses daunting challenges for Noble and partners.

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