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Potentially game-changing oil reserves discovered in Israel
Fox News.com ^
| October 7, 2015
| Paul Alster
Posted on 10/07/2015 7:33:48 PM PDT by Kaslin
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To: sitetest
This is not a new discovery, they have known about this for years.
It is not technically feasible or economically reasonable.
Oil shale kerogen where it outcrops can be mined and then be retorted into oil. This in Israel is underground has to be retorted insitu
To: knarf
what’s involved with extracting and what kind of time and money are we talkin’ here ? They don't know that much yet. I read these type of announcements as just a way to bump up the stock price.
42
posted on
10/08/2015 5:04:48 AM PDT
by
thackney
(life is fragile, handle with prayer)
To: Ben Ficklin
t’s not actually oil, its kerogen. It is the same as the kerogen found in the Green River formation in Utah and Colorado. It has to be cooked out of the ground. Afek company info states differently. From their Q&A section:
Q: Are you planning to produce oil from shale?
A: Definitely not! The company is operating solely to prospect for liquid oil on the Golan Heights by conventional means. The license granted to the company by the State of Israel gives the company the right to look only for conventional oil. Also the permit (lease) gives the company the right to drill only for conventional oil.
http://afekoil.co.il/en/
43
posted on
10/08/2015 5:13:07 AM PDT
by
thackney
(life is fragile, handle with prayer)
To: sitetest
The metrics presented here don’t tell me much. Does anyone have an estimate in barrels of oil. That info, if known, hasn't been released as far as I've found.
44
posted on
10/08/2015 5:13:55 AM PDT
by
thackney
(life is fragile, handle with prayer)
To: Kaslin
45
posted on
10/08/2015 5:15:26 AM PDT
by
central_va
(I won't be reconstructed and I do not give a damn.)
To: chopperman
Good luck keeping a refinery from blowing up over there. Israel has had refineries in Haifa and Ashdod for many decades already.
46
posted on
10/08/2015 5:19:12 AM PDT
by
thackney
(life is fragile, handle with prayer)
To: thackney
47
posted on
10/08/2015 5:58:14 AM PDT
by
sitetest
(If Roe is not overturned, no unborn child will ever be protected in law.)
To: DoughtyOne
48
posted on
10/08/2015 9:41:30 AM PDT
by
NFHale
(The Second Amendment - By Any Means Necessary.)
To: NFHale
49
posted on
10/08/2015 9:54:34 AM PDT
by
DoughtyOne
(It's beginning to look like "Morning in America" again. Comment on YouTube under Trump Free Ride.)
To: thackney
What you say is true but that is more recent. When they started, including in the Green River and Mongolia, it was only about kerogen. It is safe to assume that they can produce some tight oil, but not what they are alluding to.
This is really about raising money from investors. Murdoch has no more to give.
To: Ben Ficklin
When they really first started, they were drilling for water.
51
posted on
10/08/2015 11:31:45 AM PDT
by
thackney
(life is fragile, handle with prayer)
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