Cyprus points NAVTEX in view of the appraisal drilling in block 10

Cyprus’ Search and Rescue Centre (JRCC) has issued a navigational warning (Navtex) in regards to the appraisal properly to be carried out by ExxonMobil and Qatar Petroleum within the “Glaucus” area in block 10 of Cyprus’ unique financial zone (EEZ).

The appraisal properly anticipated to be carried out between the top of November and early December marks the resumption of the hydrocarbon actions within the Cypriot EEZ following the disruption of the COVID pandemic.

In its Navtex message issued yesterday, JRCC notes that preparation works and drilling operations might be performed from 19 November till 30 January 2022 within the space certain by the coordinates 33-37N 031-22E, 33-37N 032-11E, 33-17N 032-11E and 33-17N 031-22E.

The exploratory drilling carried out in 2019 in block 10 result in the invention of the “Glaucus” area estimated to carry a pure gasoline reservoir of 5 to eight trillion cubic toes of pure gasoline.