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xchrom

(108,903 posts)
Mon May 21, 2012, 08:30 AM May 2012

Repsol fails in first attempt to find oil off Cuba

http://www.bbc.co.uk/news/world-latin-america-18124320


Finding offshore oil could give the Cuban economy a much-needed boost

Spanish oil company Repsol has announced a first attempt to find oil in Cuban waters has failed.

Repsol spokesman Kristian Rix said an exploratory well it drilled some 50km (31 miles) off Cuba was unsuccessful and would be abandoned.

But he said it was too early to say whether the whole project would be called off.

Mr Rix says Repsol is assessing the data to determine what steps to take next.


Hope on the horizon: the Scarabeo 9 drilling rig can be seen from the seafront in Havana

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Repsol fails in first attempt to find oil off Cuba (Original Post) xchrom May 2012 OP
So that "major oil discovery" a few years ago might have been bull after all? NickB79 May 2012 #1

NickB79

(19,123 posts)
1. So that "major oil discovery" a few years ago might have been bull after all?
Mon May 21, 2012, 11:49 AM
May 2012

Much smaller than first thought, and thus a much harder target to find?

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