Ness Energy International has set March 16 as the date for it to complete the acquisition of land rights for approximately 100,000 acres located in the South West area of the Dead Sea. Ness will be the operator for this acreage.
Ness' acreage also has two Israeli companies that own working interests. Ness is also currently bidding on drilling and completion equipment, which are expected to be utilized on the prospects. The company is also pursuing the drilling rights to a potential offshore gas well, which would further expand potential production opportunities in Israel. Further news will be released as it develops. — (menareport.com)
© 2003 Mena Report (www.menareport.com)
