Post Tagged with: "Cyprus Discovery"

Source: Houston Chronicle

Exxon Mobil secures large exploration position offshore Egypt

Houston Chronicle


Exxon Mobil said Monday it secured a large exploration position offshore of Egypt as the United States’ largest energy player expands its role in developing oil and gas resources in the Eastern Mediterranean.

Exxon Mobil, which made a …

Exxon Discovers Possible 5 – 8 Tcf of Natural Gas

Exxon Discovers Possible 5 – 8 Tcf of Natural Gas

After hitting a dry hole with its first well in the same block, ExxonMobil (stock ticker: XOM, $XOM) has announced that its Glaucus-1 well, located in Block 10 offshore Cyprus, encountered a gas-bearing reservoir of approximately 436 feet. The well