Israel21c (Link) (June 24, 2010)Global oil and gas exploration company Noble Energy says that initial analysis of 2D and 3D seismic data leads the firm to estimate the gross unrisked resource potential on its Eastern Mediterranean acreage to be in excess of 30 trillion cubic feet (tcf).
Noble says that at the Leviathan site offshore Israel, there are gross unrisked mean resources of 16 tcf of natural gas and a geologic chance of success of 50 percent.
Noble also published its progress on its previous Tamar project in Israel. Since that project is expected to supply Israel with its natural gas needs for the next three decades, a discovery at Leviathan, should there be one, would probably be earmarked for export.
According to reports in Israel’s leading financial daily Globes, in response to the preliminary results of the survey at the Leviathan site, Delek Group controlling shareholder Yitzhak Tshuva says that the discovery will change Israel’s geopolitical standing in the world.
“The chances of finding gas at the Tamar site were 35%, whereas the chances at the Leviathan site are 50%. We can say with full confidence that the potential is huge,” says Tshuva, adding “... Thanks to the discovery, Israel will become a player in the global energy market, and will supply energy to many other countries.”
The reason I tag this related to the Magog invasion is because according to scripture that attack is related to taking a spoil...
After many days thou shalt be visited: in the latter years thou shalt come into the land that is brought back from the sword, and is gathered out of many people, against the mountains of Israel, which have been always waste: but it is brought forth out of the nations, and they shall dwell safely all of them. Thou shalt ascend and come like a storm, thou shalt be like a cloud to cover the land, thou, and all thy bands, and many people with thee. Thus saith the Lord GOD; It shall also come to pass, that at the same time shall things come into thy mind, and thou shalt think an evil thought: And thou shalt say, I will go up to the land of unwalled villages; I will go to them that are at rest, that dwell safely, all of them dwelling without walls, and having neither bars nor gates, To take a spoil, and to take a prey; to turn thine hand upon the desolate places that are now inhabited, and upon the people that are gathered out of the nations, which have gotten cattle and goods, that dwell in the midst of the land. Sheba, and Dedan, and the merchants of Tarshish, with all the young lions thereof, shall say unto thee, Art thou come to take a spoil? hast thou gathered thy company to take a prey? to carry away silver and gold, to take away cattle and goods, to take a great spoil?