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Israel: Shoreward Levantine licenses due drilling

The Noble Homer Ferrington semisubmersible is expected to be available by early May to spud the Myra-1 exploratory well in the Mediterranean offshore Israel, said GeoGlobal Resources Inc., Calgary.

The Myra and Sara licenses are south and southwest of the block on which the Noble Energy Inc. group made the Dalit gas discovery. A second well will be drilled after Myra-1 is completed. GeoGlobal is operator with 5% participating interest in Myra, 52 miles offshore in 1,450 m of water.

Meanwhile, a 43 sq km ocean bottom cable 3D seismic survey has been completed on the 89,205-acre Samuel license, where a well could be spudded in late 2012. Samuel lies along the coast in 140 m of water or less.

Adira GeoGlobal operates Samuel. Adira Energy Ltd., Toronto has 41.25% working interest, GeoGlobal has 42%, Pinetree Capital has 10%, and Brownstone Energy Ltd. has 6.75%.


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