Middle East Economic Survey
VOL. LIII
No 22
31-May-2010
ISRAEL
Zion Extends Drilling Contract With AME
Zion Oil and Gas has signed an extension to its drilling contract with Aladdin Middle East (AME), it announced on 25 May. AME will drill the Maʹanit Joseph-3 well on the onshore Joseph block in Israel, beginning in August. The well is intended to be the first in northern Israel to enter the Permian layer, and will be drilled to a depth of 18,000ft. The amended drilling contract will form the...
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