Killajoules

Brownstone Energy Partners Secure Drill Contractor For Gabriella License In Offshore Israel
Brownstone Energy Inc. (TSXV: BWN; OTCQX: BWSOF) (“Brownstone” or the “Company”) today announced that Noble International Ltd. has accepted a letter of award (LOA), which will enable Modiin Energy LP to execute a detailed drilling contract on behalf of the Gabriella consortium partners, including Adira Energy Ltd. (“Adira”) and Brownstone.

Noble Energy Provides Update On Leviathan Deep
Noble Energy, Inc. (NYSE: NBL) today announced that the Leviathan deep well offshore Israel has reached a depth of approximately 21,400 feet, the deepest known penetration in the Levant Basin. High well pressure and the mechanical limits of the wellbore design resulted in the suspension of drilling operations before the primary objective was reached.

ATP Begins Drilling at Shimshon Well in the Mediterranean Sea
ATP Oil & Gas Corporation (NASDAQ:ATPG) and its wholly-owned subsidiary ATP East Med B.V. (“ATP East Med”) have initiated drilling at the Shimshon well in the Levant Basin of offshore Israel with the Ensco 5006 drilling unit. The Shimshon well is in a water depth of 3,622 feet with a target depth of 14,764 feet. After spudding, several protective casing strings will be set until the well has penetrated the salt layer. A full set of electric logs will be run at total depth to assist in evaluation of target reservoirs. ATP expects to announce results during the third quarter of 2012. ATP through ATP East Med operates with a 40% working interest.

Signature on Agreement to Finance the Partnerships Share in the Costs of Developing the Tamar Project
Delek Group (TASE: DLEKG, OTCQX: DGRLY) ("the Company") announced that the following reports were published by each of the Partnerships, Delek Drilling LP and Avner Oil Exploration LP, with regard to Tamar Project finance agreement;

Tamar Signs Contract with Paz for approximately $700 million
Take-or-Pay agreement for the supply of natural gas over 15 years was signed by the Tamar Partners with Paz Ashdod Refinery Ltd. to supply up to a total approximate quantity of 3.12 BCM. In the agreement the gas price will be linked to electricity production rate as determined time to time by the Public Utility and Electricity Authority and includes a ''floor rate''. The supply is expected to start in mid-2013. The agreement is subject to a number of closing conditions. For more information please see the immediate reports as published on TASE. http://maya.tase.co.il/bursa/indeximptoday.htm

Gazprom Marketing and Trading Discusses Marketing of the LNG from Israel
Gazprom Marketing and Trading Ltd (GM&T), Noble Energy Mediterranean Ltd, Isramco Negev 2 Limited Partnership, Delek Drilling Limited Partnership, Avner Oil Exploration Limited Partnership, DorGas Exploration Limited Partnership, Daewoo Shipbuilding & Marine Engineering Co.Ltd. (DSME), D&H Solutions, Next Decade LLC and Levant LNG Marketing Corporation met to evaluate potential joint opportunities related to the marketing of liquefied natural gas produced from the Tamar and Dalit fields in Israel. Today’s meeting is a follow-up to the initial talks held recently in Israel by GM&T and all parties involved in this floating LNG project.

In recognition of progress made, a Letter of Intent was signed between Gazprom Marketing & Trading Switzerland (GM&T’s Swiss subsidiary) and Levant LNG Marketing Corporation, a company formed by DSME, D&H Solutions and Next Decade. Negotiations will continue with the objective to fast-track the project development.

Noble Energy Announces Execution of Gas Sales Agreement With Israel Electric Corporation
Noble Energy, Inc. (NYSE: NBL) announced today that it and its partners in the Tamar Gas Field have signed a gas sales agreement to sell natural gas from the Tamar field, offshore Israel, to Israel Electric Corporation Limited (IEC). Under the 15-year agreement, IEC is expected to purchase approximately 2.7 trillion cubic feet (Tcf) of natural gas as fuel to provide electricity to the state of Israel and retains, under certain conditions, an option to expand the agreement quantity to approximately 3.5 Tcf.

Tamar Signs Contract with Mashav for approximately $680million
On February 9, 2012, Take-or-Pay agreement for the supply of natural gas over 15 years was signed by the Tamar Partners with Mashav Initiation & Development Ltd. to supply up to a total approximate quantity of 0.2 BCM per year. The quantity supplied is subject to be reduced to approximately 40% in the situation that Mashav does not extend its power plant as is intended. In the agreement the gas price is calculated according to a formula based on electricity production rate as determined time to time by the Public Utility and Electricity Authority and includes a “floor rate”. The supply is expected to start in the second half of 2013. The agreement is subject to a number of closing conditions. For more information please see the immediate reports as published on TASE.

Atwood Oceanics Announces Contract for the Atwood Beacon
ATWOOD OCEANICS, INC., announced today that one of its subsidiaries has been awarded a drilling services contract by Shemen Oil and Gas Resources Ltd., an Israel-based oil and gas company, for the Atwood Beacon.

Noble Energy Announces Another Significant Discovery in the Levant Basin Offshore Israel
Noble Energy, Inc. (NYSE: NBL) announced today a natural gas discovery at the Tanin prospect offshore Israel. The discovery well was drilled to a depth of 18,212 feet and encountered approximately 130 feet of gross natural gas pay in high-quality lower Miocene sands. The Tanin well is located in the Alon A license, approximately 13 miles northwest of the Tamar field, and in 5,100 feet of water. Discovered gross resources are estimated to range(1) between 0.9 and 1.4 trillion cubic feet (Tcf) with a gross mean of 1.2 Tcf. This discovery de-risks other prospects located in the vicinity of Tanin.