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Delek Announces Flow Tests Approved at Pinnacles 1 Well

Source: www.gulfoilandgas.com 7/11/2012, Location: Middle East

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The Operator, Noble Energy Mediterranean Ltd., completed an extensive test of the Pinnacles 1 well and its production facilities. Based on Noble's recommendation, it was decided on July 9, 2012 to approve flow tests at the Pinnacles reservoir, during which the gas composition and gas treatment measures will be tested. Flow tests are expected to begin in the near future and last for several days, under the approved total budget of approximately $5 million. Once complete, the Partnerships will work to publish an updated reserves report.

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