05.07.2009

An oil or gas field which is deemed can be produced commercially, namely that the hydrocarbons can be produced and brought to market at a price which will make the project commercially interesting.

A commercial well according to the Israeli MNI is defined as a well in which the total investment required to produce the energy is lower than the value of the oil or gas that can be actually sold.

Gina Cohen
Natural Gas Expert
Phone:
972-54-4203480
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