Israeli company finds oil beneath Rosh Ha'ayin
Unclear whether oil has commercial use, but Givat Olam's shares jump 123% upon news of find.
By Lior Zano, The Marker Tags: Israel newsAn Israeli oil exploration company on Thursday announced that it had found a huge amount of oil and gas during drilling below the city of Rosh Ha'ayin this week.
Givot Olam Oil Exploration Limited Partnership said that more than 60 percent gas was measured in the drill, indicating the first such find in Israel.
The company said it was too soon to determine what significance the find would bring to Israel, but added that it would become clear over the next few months of drilling whether it could be used for commercial purposes.
Givat Olam began drilling at the Megged 5 well beneath Rosh Ha'ayin last June. Its shares rose 123 percent upon news of the find.
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the jews did not steal the land of israel and palestine. god gave it to them along time a go.other people took it from them.read your history book or better yet your bible.in 1948 the world gave it back to them!
Rosh HaAyin is within the borders of Israel proper. Your claims suggesting that oil found in Rosh HaAyin belongs to Palestinians is baseless. I'm sure thats hard for you two to settle with! Enough said!
If you're dumb enough to have to ask, you're too dumb to understnad the answer.
what a perfect name you have " A person called a Philistine (in the relevant sense), is said to despise or undervalue art, beauty, intellectual content, and/or spiritual values. Philistines are also said to be materialistic, to favor conventional social values unthinkingly, and to favor forms of art that have a cheap and easy appeal "
The Jews stole that land and it mustbe returned. No justice no peace.
..it isn't the receiving end of the the Kirkuk-Haifa pipeline?
On one hand: "An Israeli oil exploration company ... announced that it had found a huge amount of oil and gas..." On the other hand: "... it would become clear over the next few months of drilling whether it could be used for commercial purposes." No kidding! The huge amount OF OIL AND GAZ may not be good for comercial purposes?
Another peace of the prophecy puzzle in place!Watch out for Magog!
From your mouths to God's ears! Amen.