More Good News For The Bakken: A Second Cuban Off-Shore Well Comes Up Dry
Link to
PennEnergy here.
Officials from Cuban national oil company Cubapetroleo announced Monday that the country's second exploratory offshore oil well proved to be unproductive, according to The Associated Press.
Because of a U.S. embargo of Cuba,
oil companies exploring around the country have been forced to rely
upon a single rig constructed of less than 10 percent American-made
parts, which has made exploration difficult.
Spanish
oil company Repsol attempted one well that came up dry in May, but soon
after opted out of a second proposed well. This second dry well was
drilled in concert by Petronas subsidiary PC Gulf and Gazpromneft, from
Malaysia and Russia, respectively.
http://gomarcellusshale.com/forum/topics/halcon-pays-record-price-of-6-100-per-acre-for-27-000-acres-in
ReplyDeleteAbout you.
Anon 1
That's nice. Thank you.
Delete