Oil was struck here today at the Lapidot Oil Company’s Well Number 5, in the Kochav oil field, at a depth of 5,000 feet. This was the first of Israel’s wells where a gusher of oil resulted from a drill stem test, and indicates that no pumping will be necessary as in other wells. It was also hoped that, since the layer was found at a more shallow depth than other wells, the drilling may be nearing the crest of an oil structure.
The Archive of the Jewish Telegraphic Agency includes articles published from 1923 to 2008. Archive stories reflect the journalistic standards and practices of the time they were published.