The study, completed by Netherland, Sewell & Associates, revealed a best estimate of the contingent oil resource at the Gabriella licence at 110.1 million barrels of oil.
This result was well below the 277 million barrels of oil previously announced by the company for the licence, located about 24 kilometres northwest of Tel Aviv.
The Gabriella prospective condensate best estimate was down from 398 million barrels to 17.4
