The Afek Oil and Gas company, a subsidiary of Newark, New Jersey-based Genie Energy, announced on Tuesday it had discovered a wellspring of oil in the Golan Heights. This information was first reported by Israel’s Channel 2, which interviewed Yuval Bartok, Afek’s chief geologist. “We are talking about significant quantities…a layer 350 meters thick,” he said. Further reporting from The Times of Israel points out that the sheer albeit still unknown size of the take is massive, or “ten times larger than the average oil find worldwide.”