232.2 Million Barrels Oil, 1.8 Trillion Cubic Feet Natural Gas in Israeli Off-Shore Sites

20 Adar 5772 – March 13, 2012

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Adira Energy Ltd. announced Tuesday that it has received two independent resource reports with a best estimate regarding the potential yield of its two off shore drilling sites, nicknamed Gabriella and Yitzhak.

The estimate is of 232.2 million barrels oil and 1.8 trillion cubic feet natural gas.

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