Sunday, February 5, 2012

Game Changer - Cyprus Natural Gas Field Twice As Large As Previously Estimated

Noble Energy announced today that the natural gas field discovered off the coast of Cyprus may be twice as large as initially reported. The initial reports from the Cyprus Block 12 deep water exploration well reported the field may hold 5 to 8 trillion cubic feet of natural gas. Noble Energy is now announcing the field may be as large as 17 trillion cubic feet.

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