Current GNE Stock Info

While sizable, it remains unclear if it can be economically or technically produced
Afek Oil and Gas, an Israeli subsidiary of U.S. Genie Energy (ticker: GNE) has found substantial amounts of oil and gas in the Golan Heights. According to the company’s press release, the resource is present at multiple strata and in some of the explored portions of the license are is up to 350 meters (1,148 feet) thick.

“We are talking about a strata which is 350 meters thick and what is important is the thickness and the porosity. On average in the world s...

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