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(Globes) Amiram Barkat - The Israeli government has awarded a license to drill for oil on the southern half of the Golan Heights to Genie Energy Ltd., headed by former minister Effie Eitam. Former U.S. Vice President Dick Cheney is an advisor to the company. Geological tests indicate a large potential oil discovery in the area. The license is highly symbolic for Eitam, who resides on the Golan and fought against the Syrian Army there during the 1973 Yom Kippur War, winning a medal for courage. 2013-02-22 00:00:00Full Article
Israel Awards Golan Oil Drilling License
(Globes) Amiram Barkat - The Israeli government has awarded a license to drill for oil on the southern half of the Golan Heights to Genie Energy Ltd., headed by former minister Effie Eitam. Former U.S. Vice President Dick Cheney is an advisor to the company. Geological tests indicate a large potential oil discovery in the area. The license is highly symbolic for Eitam, who resides on the Golan and fought against the Syrian Army there during the 1973 Yom Kippur War, winning a medal for courage. 2013-02-22 00:00:00Full Article
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