Calypso results expected in 1-2 weeks Energy Minister says

The Minister of Energy, Giorgos Lakkotropis, said today that he expects in the next one to two weeks that he will be informed about the data regarding the discovery at the Calypso 1 natural gas field located in Block 6 of the Cyprus EEZ.

ENI announced in February last year that it had made ''a lean gas discovery in Block 6 Offshore Cyprus with Calypso 1 NFW. The well, which was drilled in 2,074 meters of water depth reaching a final total depth of 3,827 meters, encountered an extended gas column in rocks of Miocene and Cretaceous age. The Cretaceous sequence has excellent reservoir characteristics. Calypso 1 is a promising gas discovery and confirms the extension of the “Zohr like” play in the Cyprus Exclusive Economic Zone''.

 "I expect the next few days, the next one and two weeks, to receive the details of the Calypso's discovery," The Minister said.

 Asked about forward planning on the recent Glaukus discovery, Lakkotrypis said that the ExxonMobil ''consortium has 30 days to inform us of its intention to conduct a confirmation drilling and after that another three months to tell us where and when, so we have a little way to go''.

"When we have news, we will announce them," said the Minister of Energy.