Adira Energy Reports Gas in Israel's Hula Valley

Adira Energy Corporation reports that drilling at three wells at the Hula Valley's Eitan gas license has indicated the presence of natural gas. Pumps have been ordered for installation.

One coal-bed methane well tested 200 mcfd with a static pressure of 600 PSI. A shallow test well was drilled to delineate shallow sands and the rig has now been moved onto a CBM well that is being drilled and wireline cored to testing gas contents in the coals between 400 and 800 meters.

Currently, specialists experienced in testing developing unconventional gas fields have been brought in on a consultancy basis are on site and a field laboratory has been mobilized for intensive testing.

This well is currently cased through the upper sands and will be drilled to core point where it will be wireline cored through the complete resource intercept.

Source:  Adira Energy