VOL. XLVI
No 29
21-July-2003
ISRAEL
Yam Thetis Abandons Hanna-1 Offshore Well; Givot Olam Downbeat On Meged-4
Israeli oil and gas company Yam Thetis has abandoned the offshore Hanna-1 well after failing to find commercial quantities of hydrocarbons, according to a 10 July report in Globes newspaper. The decision came after Samedan Oil Corporation, which holds 47% of Yam Thetis and operated the well, recommended that it should be abandoned after reaching a depth of 4,034ms. Yam Thetis Israeli...
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