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BG Says Technical Work On Gal A, BLicenses Ongoing, Reserves Speculation Premature

BG, which operates the Gal A andGal B licenses offshore Israel, tells MEES that it is continuing toassess data from the 900 sq km 3D seismic surveys on the licenses completedearly in 2001, with the aim of making a decision on whether to drill on thelicenses by mid-2002 (for map, see MEES, 8 November, 1999). A companyspokesman said that speculation in recent Israeli press reports...