Exxon Eyes Second Cyprus Target

The Exxonmobil-Chartered Stena Icemax Drillship Has Finished Operations At Its Delphine Prospect On Deepwater Block 10 Southwest Of Cyprus And Moved To Its Next Target, Glafcos, Where It Is Due To Begin Drilling Imminently. The New Target Is Northeast Of Delphine, Towards The February 2018 Calypso Discovery In Block 6 (See Map MEES, 4 January ). No Announcement Has Been Made As To Whether Any Discovery Was Made At Delphine Prompting Local Press To Speculate That The Well Came Up Dry.

Energy Minister Giorgos Lakkotrypis, However, Says Nicosia Agreed With Exxon (80%) And 20% Partner Qatar State Firm QP That Results Of Both Wells Would Be Announced Once Drilling At Glafcos Was Completed. He Estimates That An Announcement Will Be Made In A Month. (CONTINUED - 117 WORDS)