Oil Discovered in Israel's Yam 3 Offshore Field; Could be Worth $3 Billion | Jewish & Israel News Al
Shemen Oil and Gas Resources Ltd. (TASE: SOG) has discovered oil at Israel’s Yam 3 well, off the coast of Ashdod. The field is estimated to be worth up to $3 billion after development costs of $160 million, Israel’s Globes business daily reported on Sunda...