ATP Oil & Gas Corp fka ATPAQ

[johnsyn]

Others hold permits too, just lack the financial resources to drill on their own. Israel presently is 100% dependent upon Egypt for natural gas. They already had a disruption once early this year or it was late last year, during the whole Egyptian uprising.
Now with the Muslim Brotherhood in charge and calling for jihad against Israel, it is very imperative they get off the Egyptian breast. But it was also one of the few things that kept the peace between the two, money talks. Syria has been claiming the deepwater finds belong to them and continues to threaten sabatoge.