Brief: Genie Energy suspends exploratory oil and gas drilling program in Northern Israel

Genie Energy

16/11/2017 22:15

Nov 16 (Reuters) - Genie Energy Ltd  GNE.N  
    * Genie Energy suspends exploratory oil and gas drilling 
program 
in Northern Israel 
    * Genie Energy- Preliminary analysis of Northern Israel's 
ness 10 
exploratory well's target zone shows well has no commercially 
producible quantities of oil/ng 
    * Genie Energy Ltd - Co's unit Afek continues to analyze 
data 
from ness 10 and has suspended oil and gas drilling operations 
in interim 
 
Source text for Eikon:  ID:nPn9Drhmla  
Further company coverage:  GNE.N  
 
 ((Bangalore.newsroom@thomsonreuters.com;))