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13 July 2017

Drilling of Cyprus Field 11 “ Onisiforos” to commence

The drilling of Cyprus’ Block 11 “Onisiforos” will go ahead as scheduled this month, with tests expected to begin 12 July. The drilling will be undertaken jointly by France’s oil and gas company Total and Italy’s ENI.

The preliminary tests are expected to be concluded within a week whereas the drilling will last around two to three months; preliminary results are expected to be announced after the summer and the final results will follow the preliminary announcement.

Speaking to the Cyprus News Agency, country manager for Total E&P in Cyprus, Mr. Yves Grosjean, confirmed that the drill shall be perfomed by the ultra-deepwater drillship West Capella which has been sent to Cyprus. Mr. Grosjean further added that the sea level in the area is around 1,700m and drillings into the bedrock will be as deep as 3,500 – 4,000m.

The “Onisiforos” field is estimated to hold 30 trillion cubic feet of natural gas.

Following the collapse of the reunification talks, President Anastasiades confirmed that there will be no deviation from the drilling schedule.

It should be noted that investigatory drillings are also expected to be carried out later on this year in Field 10 whereas for Fields 2, 3 and 9 from 2018 onwards.

 

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