Cyprus-Forum.com

[DT.]

IF, ....there is oil, then it's going to be ''expensive'' oil. Meaning it's too expensive to get it out, or there would of been some activitly long before now with oil prices being what they are these days!!!

Sure there are other kinds Pay Day's, ....indirect or otherwise. Isn't there always???

here you are, from last month.

http://www.offshore-mag.com/index/artic ... ntine.html

[YFred]

IF, ....there is oil, then it's going to be ''expensive'' oil. Meaning it's too expensive to get it out, or there would of been some activitly long before now with oil prices being what they are these days!!!

Sure there are other kinds Pay Day's, ....indirect or otherwise. Isn't there always???

here you are, from last month.

http://www.offshore-mag.com/index/artic ... ntine.html

Without the Turkish agreement, you will get as much out of the sea as Greece did in the last 30 years.

[DT.]

IF, ....there is oil, then it's going to be ''expensive'' oil. Meaning it's too expensive to get it out, or there would of been some activitly long before now with oil prices being what they are these days!!!

Sure there are other kinds Pay Day's, ....indirect or otherwise. Isn't there always???

here you are, from last month.

http://www.offshore-mag.com/index/artic ... ntine.html

Without the Turkish agreement, you will get as much out of the sea as Greece did in the last 30 years.

Deal already signed with US-Jewish firm. You try to stop the Americans and the Israelis from getting to this oil and Turkey will have bigger problems than a wealthier Cyprus to deal with.

[YFred]

IF, ....there is oil, then it's going to be ''expensive'' oil. Meaning it's too expensive to get it out, or there would of been some activitly long before now with oil prices being what they are these days!!!

Sure there are other kinds Pay Day's, ....indirect or otherwise. Isn't there always???

here you are, from last month.

http://www.offshore-mag.com/index/artic ... ntine.html

Without the Turkish agreement, you will get as much out of the sea as Greece did in the last 30 years.

Deal already signed with US-Jewish firm. You try to stop the Americans and the Israelis from getting to this oil and Turkey will have bigger problems than a wealthier Cyprus to deal with.

We shall see said the blind man. Was Greece not clever enough to make such a deal for 30 years?

Israel couldn't handle Hammas in Lebanon last time I looked. And the Americans did not fair that well in Kabul either.

[DT.]

IF, ....there is oil, then it's going to be ''expensive'' oil. Meaning it's too expensive to get it out, or there would of been some activitly long before now with oil prices being what they are these days!!!

Sure there are other kinds Pay Day's, ....indirect or otherwise. Isn't there always???

here you are, from last month.

http://www.offshore-mag.com/index/artic ... ntine.html

Without the Turkish agreement, you will get as much out of the sea as Greece did in the last 30 years.

Deal already signed with US-Jewish firm. You try to stop the Americans and the Israelis from getting to this oil and Turkey will have bigger problems than a wealthier Cyprus to deal with.

We shall see said the blind man. Was Greece not clever enough to make such a deal for 30 years?

Israel couldn't handle Hammas in Lebanon last time I looked. And the Americans did not fair that well in Kabul either.

Is that your argument? Israel and the USA found it difficult with hamas and Afghanistan so you can do what you like now?

Has your goldfish taken over the keyboard?

[YFred]

IF, ....there is oil, then it's going to be ''expensive'' oil. Meaning it's too expensive to get it out, or there would of been some activitly long before now with oil prices being what they are these days!!!

Sure there are other kinds Pay Day's, ....indirect or otherwise. Isn't there always???

here you are, from last month.

http://www.offshore-mag.com/index/artic ... ntine.html

Without the Turkish agreement, you will get as much out of the sea as Greece did in the last 30 years.

Deal already signed with US-Jewish firm. You try to stop the Americans and the Israelis from getting to this oil and Turkey will have bigger problems than a wealthier Cyprus to deal with.

We shall see said the blind man. Was Greece not clever enough to make such a deal for 30 years?

Israel couldn't handle Hammas in Lebanon last time I looked. And the Americans did not fair that well in Kabul either.

Is that your argument? Israel and the USA found it difficult with hamas and Afghanistan so you can do what you like now?

Has your goldfish taken over the keyboard?

We'll park this one till a single barrel is extracted shall we. then we can see who has the bragging rights, What?

[larnacaman]

DT,

I read the article that you posted, and although it's generally referring to Natural Gas reserves, it does say that there are oil reserves in the region of 1.7 Billion barrels. But and it's a big but, it states ''Technically Recoverable''!!! ....This is another way of saying that it's an ''Expensive'' oil reserve, ie, ... not a straight forward Drill and Tap operation.

Like everything else in this world, when there is a world shortage of anything, even if it's expensive, suddenly becomes a worthwhile proposition. So the higher the oil price goes (god forbid) the more attractive these deposits will become!!!....

[DT.]

DT,

I read the article that you posted, and although it's generally referring to Natural Gas reserves, it does say that there are oil reserves in the region of 1.7 Billion barrels. But and it's a big but, it states ''Technically Recoverable''!!! ....This is another way of saying that it's an ''Expensive'' oil reserve, ie, ... not a straight forward Drill and Tap operation.

Like everything else in this world, when there is a world shortage of anything, even if it's expensive, suddenly becomes a worthwhile proposition. So the higher the oil price goes (god forbid) the more attractive these deposits will become!!!....

It was always about Gas, the deals were done for gas not oil.

[umit07]

Re the oil reserves around Cyprus, one of my uncles is a Petroleum Engineer (worked in Saudi Arabia for nearly 30 years) according to him the oil deposits around Cyprus are too deep and small to be economically feasible.

[YFred]

Re the oil reserves around Cyprus, one of my uncles is a Petroleum Engineer (worked in Saudi Arabia for nearly 30 years) according to him the oil deposits around Cyprus are too deep and small to be economically feasible.

Umit pay attention. It's not oil they are after. Thay have all they need in Greece. What DT is talking about is gas. Have you had your yahni fasulya today? you can have your own personal gas field.