Cuba: third attempt at oil discovery failed

Posted on November 2, 2012 • Filed under: Cuba, Oil

The well drilled in the Gulf of Mexico “no commercial possibilities,” admitted Cubapetroleo consortium and Venezuelan PDVSA
“Although this well no commercial possibilities, the results of the scan will help guide and expand operations in blocks of Cuba’s Exclusive Economic Zone in the Gulf of Mexico, included in the contract between the two companies,” said Cuban company in a note published in the official newspaper Granma.

The search tasks, with the modern platform Scareabeo-9 , concluded on 26 October in the exploratory well 1X Cabo San Antonio, and now “work is done for safe termination” he added. Read Article

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