Israel Opportunity Rises to Highest in Week on Pelagic Prospect
Israel Opportunity Energy Resources LP (ISOPL) advanced to the highest level in almost one week after a report on the Pelagic offshore field identified a new prospect that could include about 530 million barrels of oil.
Israel Opportunity said the report gave a 12.3 percent geological probability to the oil prospect and the field may also include about 500 million barrels of condensate, according to an e-mailed statement today.
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