Our friends aboard the Homer Ferrington drilling rig have been busy over the festive period.
They've been drilling in the Israelli EEZ in the prospect area known as 370 Isahi, which is right next door to the CY Block 12 where, as all will know, the first appraisal well was successfully drilled last year with the Aphrodite 1 Well.
On this occasion the Homer F drilled to 5187m below sea level and the license-holder is saying that ... "significant signs of hydrocarbons' (natural gas) were found in the lower Miocene sands...."
Data will take a few weeks to assess to give an indication of quantum and recovery prospects.
This Israeli appraisal well is in the same geological structure as the CY Aphrodite 1 Well and this new Israeli well is being referred to as Aphrodite 2.
More at... http://www.energy-pedia.com/news/israel/new-152967