News on ‘Onisiforos’ drilling anticipated soon - IN CYPRUS / CYPRUS WEEKLY

August 30, 2017

A clearer picture of the findings at the Cyprus’ Onisiforos-West 1 region of Block 11 is anticipated to emerge within the next few days.

As reported by Phileleftheros on Wednesday, drilling support work has been completed up to a depth of approximately 3,800 meters, and other surveys carried out up to a depth of 4,250 meters, where indications so far show the top of the field begins.

According to the paper’s sources, the indications so far are positive and the seismographic data and their interpretation, which led to the choice of the specific target, have been confirmed.

ENI goes boldly forward - IN CYPRUS / CYPRUS WEEKLY

Current status of Cyprus' (UN,EU) declared EEZ. Cyprus' northern 37,2% is illegally occupied by Turkey.

August 20, 2017
Charles Ellinas

ENI has just announced its much-expected drilling campaign in Cyprus’ EEZ, starting November. And it is a bold move. Drilling starts at Block 8 at a target named ‘Eratosthenes South 1’ (ES1), followed by a target named ‘Cuttlefish’ in Block 3, owned 80% by ENI and 20% by KOGAS, and then ‘Calypso’ in Block 6, jointly-owned with Total.

The latter is a bold move by ENI, given Turkey’s claims.

ENI has chosen to start its campaign in Block 8, where the most promising prospects probably are, completing this drilling round at Block 6, thus asserting its rights to the Block and confronting Turkey’s claims. However, the exact drilling programme is still to be finalised.

In accordance with its Production Sharing Agreements with the government of Cyprus, ENI’s drilling programme involves two wells in Blocks 2,3,9, in addition to the two unsuccessful wells drilled in 2014-2015, two in Block 8 and one in Block 6.