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Exxon's drilling: all outcomes are possible
January 14, 2019
THE GOOD news early in 2019 is that drilling of Delphine in block 10 has been completed, as planned, despite the problems encountered towards the end of December. And as expected, and despite the continuous aggressive rhetoric, Turkey did not intervene.
The drilling rig, Stena IceMax, has now moved to the also-promising target Glafcos in block 10, with results expected towards the end of next month. In Greek mythology Glafcos was a half man-half fish sea-god with prophetic powers.
With the drilling rig committed to another assignment, following completion of the two wells in block 10, any possibilities that a second well may be drilled at the Delphine prospect will have to wait.
The Cyprus government and ExxonMobil have decided not to announce any results at this stage and wait until after completion of the planned drilling programme later in February.