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Givot Olam's Meged 4 bore reaches 4,613m; signs of gas.
(From Israel Business Arena)
Byline: Globes' correspondent
The Givot Olam today reported that the Meged 4 drilling had reached a depth of 4,613 meters.
Ever since the third core was extracted, gas concentrations as high as 1-9.3% have been discovered in the drilling mud. Traces of live oil have also been observed during the entire drilling. Givot Olam stresses that it is still collecting data from the first, second, and third cores. Only this …
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