Israeli drillers struck oil east of Ashdod Monday but further drilling and tests are required to determine whether the deposit is large enough to make commercial exploitation feasible. The strike was made at a depth of 2500. meters by the Ashdod-5 rig operated jointly by the Lapidot and Hana companies. The gusher seemed promising. A good grade of oil poured out of the well without the use of pumps. But oil experts cautioned. that an other 100 meters of drilling would be necessary and more surveys made before the strike can be evaluated.
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