It estimated a recovery potential of two million barrels of oil , equivalent at the time to $24 million .
In the early 1990s , the Israel National Oil Company ( INOC ) was granted shaft - sinking permits in the Golan Heights .
Golan Heights estimated a recovery potential of two million barrels of oil , equivalent at the time to $24 million .
In the early 1990s , the Israel National Oil Company ( INOC ) was granted shaft - sinking permits in the Golan Heights .