April 11, 2009

Will the Land of Milk and Honey Yield Oil and Gas?


Evidently the recent news of Israel's huge gas discovery is generating news stories of the possibility of oil in Israel as well. Eric Fox, Founder of Brittain Capital Management, wrote a recent piece for Investopedia titled, "Will Land Of Milk And Honey Yield Oil And Gas?"

In the piece Fox gives some great information on two of the leading companies (Noble Energy and Zion Oil and Gas) currently doing exploration off Israel's shore as well as onshore exploration.
Noble Energy owns a sizeable stake in the massive Israeli gas discovery recently announced.

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