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Delek Energy announces larger estimated gas quantities in aphrodite plot

Anver Oil and Gas LP and Delek Drilling Limited, partners of Noble Energy, have announced at the Tel Aviv Stock Exchange on Tuesday 18/11/2014 that the estimated gas quantities in Aphrodite plot 12 of the Cyprus Exclusive Economic Zone (EEZ) are upgraded by approximately12 per cent. The companies have raised their estimate for the amount of natural gas in Cyprus’ Aphrodite (Block 12) reservoir by 14 billion cubic meters (bcm). The new gas estimate corresponds to roughly 4.5 trillion cubic feet (tcf).

The increase resulted from an exchange of information between Israel and Cyprus, or more precisely, between the partnership in the adjacent Israeli Ishai prospect and the partnership in Aphrodite in Cyprus.

 

tags: Cyprus gas, Cyprus Hydrocarbons, Cyprus gas quantity, plot 12 Aphrodite, noble energy and delek

 
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