Noble Energy Announces Operational Update at Leviathan Offshore Israel

abarrelfullabarrelfull wrote on 30 Nov 2010 15:54
Tags: gas israel noble upstream

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Noble Energy, Inc. (NYSE: NBL) provided today an operational update for the Leviathan exploration prospect offshore Israel. The well has penetrated the first interval in the primary objective. Based on logs taken while drilling, it is apparent that natural gas has been encountered in this interval. Noble Energy and its partners are continuing to drill through the primary objective, after which a full well evaluation will be conducted. Results from these operations are expected in mid-December.

Noble Energy operates Leviathan, offshore Israel in the Rachel license, with a 39.66 percent working interest. Other interest owners are Delek Drilling and Avner Oil Exploration with 22.67 percent each and Ratio Oil Exploration with the remaining 15 percent.

Noble Energy is a leading independent energy company engaged in worldwide oil and gas exploration and production. The Company operates primarily in the Rocky Mountains, Mid-Continent, and deepwater Gulf of Mexico areas in the United States, with significant international operations offshore Israel and West Africa. Noble Energy is listed on the New York Stock Exchange and is traded under the ticker symbol NBL. Visit Noble Energy online at

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