Middle East Economic Survey

VOL. LIII

No 33

16-Aug-2010

ISRAEL

Noble Energy Reaffirms Leviathan Estimates Following Media Report

Houston-based Noble Energy on 6 August released a statement reaffirming its estimate of natural gas reserves in the Leviathan prospect offshore Israel following a report in Ha'aretz newspaper speculating that the reserves in the structure could be 40% higher. Contrary to recent media reporting, Noble said in the statement, [Noble Energy] has reaffirmed that the prior...