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BREAKING NEWS

Exploration company announces possible Rosh Ha'ayin oil find

Oil exploration company

By JPOST.COM STAFF

DECEMBER 24, 2009 12:49

The Givat Olam oil exploration company found signs of oil Wednesday night at the Meged 5 drilling site in Rosh Ha'ain, Israel Radio reported. The company announced that it had measured within the drilling mud a substantial amount of gas and oil. Givat Olam stressed that at this stage it is not certain whether or not the findings indicate a commercially viable well, according to the report.

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