Israel: Northern CBM license relinquished

By OGJ editors

Adira Energy Ltd., Toronto, has relinquished its 100% owned, 31,000-acre Eitan license in the Hula Valley onshore northern Israel.

After assessing the findings of its 1,000-m well to evaluate the potential for field development, including the wireline coring of coal, desorption analysis for gas content, and evaluation of geological parameters, the company submitted a report to the office of the petroleum commissioner of the Israeli Ministry of National Infrastructures. The company concluded that the quality of the coals tested is poor and that an economically viable project would not likely result.

Adira has recommended returning the license, coordinating with the ministry the activities necessary for closing the project including permanent abandonment of the well, returning the site to the landowners, and selling its drilling equipment.

Adira continues to concentrate efforts on developing its Gabriella, Yitzhak, and Samuel licenses in the Mediterranean off Israel.

Related Articles

GeoMet finds buyer for Appalachian CBM assets

02/17/2014 GeoMet Inc., Houston, has agreed to sell its coalbed methane interests and other assets in the Appalachian basin to ARP Mountaineer Productions LLC...

Indonesia: Dart to obtain East Kalimantan CBM block

09/07/2012 Dart Energy International Pte. Ltd., Singapore, plans to start work in mid to late 2013 on the 411 sq km Bontang Bengalon coalbed methane block in ...

China: Ordos basin coalbed methane wells spudded

08/27/2012 Sino Gas & Energy Holdings Ltd., Sydney, has spudded the first two coalbed methane wells on the Linxing production sharing contract area in the...

Alberta: CEP adds GeoMet Peace River CBM interest

06/26/2012 Canada Energy Partners, Vancouver, BC, has acquired Hudson’s Hope Gas Ltd., the subsidiary of GeoMet Inc. that is 50% owner and operator of CEP’s P...

Careers at TOTAL

Careers at TOTAL - Videos

More than 600 job openings are now online, watch videos and learn more!

 

Click Here to Watch

Other Oil & Gas Industry Jobs

Search More Job Listings >>
Stay Connected