The Times of Israel | Dead Sea area contains oil worth NIS 1.2 billion - report The Times of Israel The study, conducted by the independent Australian-based Dunmore Consulting company, said that the Hatrurim area contains from seven to eleven million barrels of oil. According to Channel 2, the Israel Opportunity Energy Resources said the report ... Renewed drilling finds oil near Dead Sea Israeli oil reserve worth NIS 1.2 billion Dead Sea Well Could Hold Oil Reserves Worth $322 Million, Israeli Company Says |