Prospecting for oil in several areas of Israel will be began soon by a new American firm, the Asher Corporation, it was announced here today by Wesley Hancock of Wilmington, Del., one of the heads of the firm. The Asher Corporation, will drill for oil on the western slopes of Lower Galilee, in the Jezreel Valley and on Mount Carmel, Mr. Hancock said.
JTA has documented Jewish history in real-time for over a century. Keep our journalism strong by joining us in supporting independent, award-winning reporting.
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.