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The consortium «ROI» will conduct test drilling on the border with Egypt

Exploration a consortium of companies, «Rational», Edison and «Isamot Israelit», which owns the license to search for gas in the block «ROI», approved the conduct test drilling cost of about $ 60 million.

Block «ROI» located on the border of the Israeli and Egyptian exclusive economic zones, 150 miles off the coast of Ashkelon.

According to preliminary data, the potential reserves of gas in «Swarms», are estimated at 97 billion cubic meters. In the case of confirmation of the presence of gas these fields will be the third reserves in Israel after fields «Tamar» and «Leviathan».

The consortium «ROI» will conduct test drilling on the border with Egypt 04.07.2017

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