Friday, December 21, 2012

News - Israel Gas and Woodside Petroleum

Gas found in Israel and Australia's own Woodside Petroleum WPL is in on it.

http://www.morningstar.com.au/funds.mvc/article/israel-gas-bonanza/5556/1

Quote:
"Still, the Tamar field was just the harbinger of what has turned out to be nothing short of an energy revolution in Israel. If Tamar had reserves of 10 trillion cubic feet of natural gas, the Leviathan field, which was discovered in December 2010, enjoyed the unique distinction of being the world’s largest deep water gas reserves found in the past decade. "

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