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Gas extraction in 2011

How can we solve it? (keep it civilized)

Postby Daniella » Fri Feb 18, 2011 11:36 am

Paphitis wrote:
Daniella wrote:ok....im not surprised of your useless question paphitis

WHY Noble Energy is pushing cyprus government to accelerate drilling??
Since i dont think cipriot authorities are stupid :roll:

@DT : the reservoir is only one and your government is taking time for a good reason :wink:


Daniella,

you need to be specific. There are no useless questions as you are being very vague at the moment and I am not the only person who is uncertain about the point you are trying to make.

But let’s be very clear about a few facts. Israel and Cyprus have agreed to delineate their EEZ. Noble Energy has been granted exploration and drilling rights within both the Israeli and Cypriot EEZ. Noble Energy, Israel and Cyprus are very eager to commence drilling this year.

Whether the reservoir is one or not, is irrelevant.


ah..ok
but im sure Noble has only a concession to explore for hydrocarbons and the deal has not been concluded yet ( this is what government spokesman says )
i have been vague because facts are vague ( for me ) ..im seeking info about drilling project and Shell role..hope to make progress in the understanding.. please accept my apologize
thanks in advance for any concrete source helping my research
ciao !
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Postby Get Real! » Fri Feb 18, 2011 12:24 pm

Daniella wrote:but im sure Noble has only a concession to explore for hydrocarbons and the deal has not been concluded yet ( this is what government spokesman says )
i have been vague because facts are vague ( for me ) ..im seeking info about drilling project and Shell role..hope to make progress in the understanding.. please accept my apologize
thanks in advance for any concrete source helping my research
ciao !

Dianella, you don’t have a boyfriend here in Cyprus do you?
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Postby Daniella » Fri Feb 18, 2011 1:22 pm

Get Real! wrote:
Daniella wrote:but im sure Noble has only a concession to explore for hydrocarbons and the deal has not been concluded yet ( this is what government spokesman says )
i have been vague because facts are vague ( for me ) ..im seeking info about drilling project and Shell role..hope to make progress in the understanding.. please accept my apologize
thanks in advance for any concrete source helping my research
ciao !

Dianella, you don’t have a boyfriend here in Cyprus do you?


ehmm..i have two....one italian stallion here and one cipriot donkey there :lol:
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Postby quattro » Fri Feb 18, 2011 1:25 pm

Daniella wrote:
Get Real! wrote:
Daniella wrote:but im sure Noble has only a concession to explore for hydrocarbons and the deal has not been concluded yet ( this is what government spokesman says )
i have been vague because facts are vague ( for me ) ..im seeking info about drilling project and Shell role..hope to make progress in the understanding.. please accept my apologize
thanks in advance for any concrete source helping my research
ciao !

Dianella, you don’t have a boyfriend here in Cyprus do you?


ehmm..i have two....one italian stallion here and one cipriot donkey there :lol:


but daniella the donkey can take you to places the stallion could not imagine :lol: :lol: :lol:
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Postby Paphitis » Fri Feb 18, 2011 1:52 pm

Daniella wrote:
Paphitis wrote:
Daniella wrote:ok....im not surprised of your useless question paphitis

WHY Noble Energy is pushing cyprus government to accelerate drilling??
Since i dont think cipriot authorities are stupid :roll:

@DT : the reservoir is only one and your government is taking time for a good reason :wink:


Daniella,

you need to be specific. There are no useless questions as you are being very vague at the moment and I am not the only person who is uncertain about the point you are trying to make.

But let’s be very clear about a few facts. Israel and Cyprus have agreed to delineate their EEZ. Noble Energy has been granted exploration and drilling rights within both the Israeli and Cypriot EEZ. Noble Energy, Israel and Cyprus are very eager to commence drilling this year.

Whether the reservoir is one or not, is irrelevant.


ah..ok
but im sure Noble has only a concession to explore for hydrocarbons and the deal has not been concluded yet ( this is what government spokesman says )
i have been vague because facts are vague ( for me ) ..im seeking info about drilling project and Shell role..hope to make progress in the understanding.. please accept my apologize
thanks in advance for any concrete source helping my research
ciao !


I find this difficult to comprehend Daniella, but I won't insist because I am not aware of all the facts.

My brother in law works for an Australian Oil and Gas company, and this particular (Global) company spends many millions in exploration. Sometimes they find some Oil and Gas, assess the viability and find that the amount is not commercially viable. But the intention is to obviously find vast commercially viable deposits and commence drilling and pumping at the earliest opportunity.

I can't see how Noble would simply explore in the Cypriot EEZ, costing them lots of money, without the necessary approvals of extracting viable deposits. That doesn't make sense, but I won't insist because I am not aware of the agreement between RoC and Noble. Maybe Cyprus might be paying Noble to explore on their behalf. I don't know.
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