End Times and Current Events

General Category => General News => Topic started by: Mark on June 05, 2012, 10:37:23 am



Title: Israel Discovers New Giant Off-Shore Oil and Gas Field
Post by: Mark on June 05, 2012, 10:37:23 am
Israel Discovers New Giant Off-Shore Oil and Gas Field

An Israel energy company announced Sunday it has discovered an off-shore energy field that may even surpass previous finds in terms of the possibilities of developing commercial grade oil.

Israel Opportunity Energy Resources LP announced that its Pelagic licenses indicate 6.7 trillion cubic feet (TCF) of gas and 1.4 billion barrels of oil. By comparison,  the previously announced Tamar and Leviathan off-shore fields contain an estimated 9 and 17 TCF of natural gas. The amount of commercial oil, if any, has not been finalized, but estimates of possible oil in the Leviathan field have been downsized to 600 million barrels.

Discoveries of oil and gas have made outdated the old joke that Moses took the wrong turn from Egypt, leading Israel to sand and leaving oil for the Arabs.

After being chased by Pharaoh to the edge of the “Sea of Reeds,” which often if not correctly is called the Red Sea, Moses asked Heaven to save them, and He replied to step into the sea, which then was split by winds, allowing the Jews to cross and then burying the army of Pharaoh when it followed.

Stepping into the sea now can be seen in retrospect as a sign of the treasures buried under the sea.

“The quantity of gas discovered in the licenses, and the high probabilities, make it the third largest offshore discovery to date,” according to Israel Opportunity chairman Ronny Halman, quoted by Globes.

He added, ”This quantity guarantees Israel's energy future for decades, and makes it possible to export Israeli gas, and boost the state's revenues without worrying about gas reserves for domestic consumption."

The five Pelagic licenses cover half a million of acres of sea approximately west of Haifa. One of the licenses is estimated to have a 27 percent chance of success.

"We are preparing for the first well," Israel Opportunity CEO Eyal Shuker said. "For the logistics, we've rented port storage and operations space, we've begun ordering drilling equipment, including drill heads and casings, and we've secured most of the agreements with Israeli and foreign services and equipment providers for the well. The operator, AGR, has already brought a skilled team to Israel to manage the operation.

The new discoveries make it more certain of a virtual revolution in the Israeli economy, with anticipation that Israel will be energy self-sufficient in three years and soon after will be able to export gas and possibly even oil.

The Tamar and Leviathan energy fields are being developed, and the infrastructure work has added thousands of skilled jobs to the labor market. Exporting energy probably will strengthen the shekel and help make it one of the strongest currencies in the world.


http://www.israelnationalnews.com/News/News.aspx/156476


Title: Re: Israel Discovers New Giant Off-Shore Oil and Gas Field
Post by: Mark on October 07, 2015, 07:43:48 am
Huge Oil Discovery on the Golan Heights
If the oil can be extracted at a reasonable cost, and that is a big "if" now, it would make Israel self-sufficient for decades.


Syrian rebels, the Islamic State (ISIS) and the Assad regime, and today that means Russia, now have another reason to capture the Golan Heights – oil.

Drilling that began more than a year ago has exposed a huge find of billions of barrels of oil, but it is too early to know if the black gold can be extracted at a price that would make the oil commercially viable.

Afek Oil and Gas chief geologist Dr. Yuval Bartov was quoted by Globes as saying:

    We are talking about a strata which is 350 meters thick, and what is important is the thickness and the porosity. On average in the world strata are 20-30 meters thick, so this is ten times as large as that, so we are talking about significant quantities. The important thing is to know the oil is in the rock and that’s what we now know.

The drilling is in the southern Golan Heights, far away from the northern border but several miles from the eastern border. Syria has claimed the entire Golan since it lost the strategic and water-rich area in the Six-Day War in 1967.

If oil can be extracted, it will be a huge bonanza for Israel and an enormous reason for whoever rules in Syria, or for Hezbollah that is fighting with Assad’s forces and is based in Lebanon, to launch a war on Israel. Israel uses approximately 270,000 barrels a day. Billions of barrels of oil would satisfy the country’s need for a long time.

If the oil can be produced at today’s prices, which are the lowest in years, it would generate a huge employment boom. It also would infuriate environmentalists, who have fought oil drilling the Golan Heights and virtually anywhere else in Israel because of damage to the pristine landscape.

Drilling in the Golan Heights was delayed by environmentalists and was resumed last February when the court dismissed their appeal to stop the work.

http://www.jewishpress.com/news/breaking-news/huge-oil-discovery-on-the-golan-heights/2015/10/07/


Title: Re: Israel Discovers New Giant Off-Shore Oil and Gas Field
Post by: RickStudy on October 07, 2015, 03:16:27 pm
Israel`s gas and oil finds are the hook in the jaw of Gog prophecied in Ezekiel


Title: Re: Israel Discovers New Giant Off-Shore Oil and Gas Field
Post by: FervorForFaith on October 08, 2015, 11:01:56 am
Israel`s gas and oil finds are the hook in the jaw of Gog prophecied in Ezekiel

I'm not so sure about that. Is Israel dwelling safely in unwalled villages right now? No, of course not. That's how God describes their living conditions in Ezekiel 38, though.

Will God's name be blasphemed and polluted in the future? Of course it will. The Antichrist will commit incredible blasphemy by claiming to be God. But it says that after Gog and Magog His name will never be polluted again.

I made a video about this a while ago but I think that the only viable option for the timing of Gog and Magog is after Jesus has been ruling on earth for 1000 years.


Title: Re: Israel Discovers New Giant Off-Shore Oil and Gas Field
Post by: RickStudy on October 08, 2015, 02:25:20 pm
I'm not so sure about that. Is Israel dwelling safely in unwalled villages right now? No, of course not. That's how God describes their living conditions in Ezekiel 38, though.

Will God's name be blasphemed and polluted in the future? Of course it will. The Antichrist will commit incredible blasphemy by claiming to be God. But it says that after Gog and Magog His name will never be polluted again.

I made a video about this a while ago but I think that the only viable option for the timing of Gog and Magog is after Jesus has been ruling on earth for 1000 years.


You got anything else to support your interpretation?  Can you post verses?


Title: Re: Israel Discovers New Giant Off-Shore Oil and Gas Field
Post by: RickStudy on October 09, 2015, 06:57:34 pm
Ok, no response yet, seems to be a common thing around here. Therefore I`ll just come out with it. It is impossible for Ezekiel 38 to be the same event as the destruction of Gog and Magog in the book of Revelation.
Same countries yes, same event no. To determine this all that is required is to pay attention to the text. The circumstances are different. If someone really needs it I can post the verses and summerize the events. Otherwise I will refrain due to lack of interest at this particular website.