TORONTO, Feb. 1 /PRNewswire-FirstCall/ – Bontan Corporation Inc. (Bontan) (OTCBB:BNTNF) is pleased to announce today the results of the Evaluation Report prepared by Chapman Petroleum Engineering Ltd. on two prospects located on the Mira and Sarah Drilling Licenses, Offshore Israel. The Prospective Resource Evaluation Report, effective January 1, 2010, was prepared in accordance with National [...]

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TORONTO, Jan. 29 /PRNewswire-FirstCall/ – Bontan Corporation Inc. (Bontan) (OTCBB:BNTNF) is pleased to announce that its wholly owned subsidiary, Bontan Oil & Gas Corporation changed its name effective January 18, 2010 to Israel Oil & Gas Corporation.
About the off shore Israel Project
Bontan owns, through its wholly owned subsidiary, Israel Oil and Gas Corporation a 71.625% [...]

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TORONTO, Dec. 16 /PRNewswire-FirstCall/ – Bontan Corporation Inc. (Bontan) (OTCBB:BNTNF) is pleased to announce that WesternGeco, a business unit of Schlumberger, has completed a 3D seismic survey on the Mira and Sarah Drilling Licenses and a 2D survey on the Benjamin Exploration Permit totaling 2,668 square kilometers in the Levantine Basin, 40 kilometers off the [...]

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TORONTO, ONTARIO, Nov 23, 2009 (MARKETWIRE via COMTEX) — Bontan Corporation Inc. (Bontan) (OTCBB: BNTNF) is pleased to announce that it has acquired, through its wholly owned subsidiary, an indirect 71.63% working interest in two drilling licenses and one exploration permit in the Levantine Basin, 40 kilometers off the West coast of Israel in the eastern Mediterranean (“Project Assets”).

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HERZLIYA, Israel — Two natural-gas fields in Israel’s Mediterranean waters were found in January to contain enough resources to meet Israel’s energy needs for 20 years — a huge find after more than half a century of lackluster carbon exploration here.

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