SHORTLY after finding the large offshore Leviathan gasfield,
exploration for on-shore shale-gas deposits in Israel is under
way. Canada's Adira Energy is targeting the Hula Valley, in the
north of the country.
The company says its assessment should be finished by
year-end, when it will start drilling three wells. Drilling on
the Eitan block, near the head of the Jordan River, would take
three to four months, with coal deposits also a possible
Ilan Diamond, chief executive of Adira, says the area has
potential for "significant regional supply and power generation
to feed Israel's hydrocarbon hungry ...
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