An appraisal drilling for hydrocarbons off Cyprus has reaffirmed a reservoir of high quality gas in an area licensed to ExxonMobil and Qatar Petroleum, the island's energy ministry said on Monday.
https://www.reuters.com/business/energy/cyprus-offshore-appraisal-confirms-exxon-gas-find-energy-ministry-2022-03-21/
Press release from Cyprus govt regulatory agency says the appraisal well Glacus 2 does not support the 5-8 tcf number reported in 2019 with discovery well-resource is less than initially reported. Cyprus govt article also noted lack of press release from XOM.
Go EM!
Exonmobile needs to git that there gas to thu pumps asap so them gas prices well go down faster than DW adding value across the supply chain.