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Update From Nazareth

Test results near on Dead Sea drilling
30/01/2010
The partners in the Tzuk Tamrur 4 oil well north of the Dead Sea - Zerah Oil And Gas Explorations LP (TASE: ZRAH), Delek Drilling LP (TASE: DEDR.L), and Avner Oil and Gas LP (TASE: AVNR.L) - are conducting the final stage of the electric logs, and are due to announce the results by the beginning of next week at the latest. A knowledgeable source told that the results "lean toward the positive". However, it is not clear whether the companies will announce the next step of production tests, or if more interim steps will be announced first. They companies have not yet made an unequivocal decision on whether to move to the next stage.
   
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