05.07.2009
To measure well pressure
The conditions required of a bidder to render him eligible to bid, such as skills, experience and financial capability. During this Prequalification Stage, participants submit Prequalification Submissions to demonstrate compliance with Prequalification Requirements
Giving premiums to producers of electricity from renewable fuels is one of the methods that governments use to incentivize the use of renewable energy
A permit, as defined by the Israel Ministry of National Infrastructure, allows a company to conduct reconnaissance exploration effort prior to committing to a well during the License period. The priority rights conveys the exclusive right to the permit holder to convert to a drilling license (at the holder’s discretion), upon fulfillment of the required work program
As per the MNI: Preliminary Permit, the owner of which may request a priority right which gives exclusive exploration rights on the area. A permit may be granted for a period not exceeding 18 months. A person desiring a preliminary permit for carrying out preliminary investigations, not including test drilling, in order to ascertain the prospects for discovering petroleum, shall apply therefore to the Commissioner; the Commissioner may, in respect of such area and on such conditions as he may think fit, grant him a permit or may refuse the application