Israel, offshore, oil, gas, potential, Shaul Meridor, energy, ministry

Israel has invited oil and gas companies to participate in its upcoming bid round, offering 24 exploration blocks in the Mediterranean Sea’s Levant Basin.

Gulf of Mexico, Pemex, bid, round, deepwater, CNH

Eight of 10 blocks were awarded during Mexico’s first deepwater round. Mexico expects to hold three more oil and gas auctions before the end of 2018.

Continental Resources president and COO Jack Stark highlighted the Stack/Scoop plays’ repeatability and mighty production at Hart Energy’s DUG Midcontinent conference.

A few short-term adjustments could help get things moving.

Two financial analysts tell DUG Midcontinent crowd that the oil and gas market is beginning to look pretty good again. But will it last?