Monday, September 29, 2014
Russia Says Arctic Well Drilled With Exxon Strikes Oil - Bloomberg
It seems like oil and/or ways to extract oil continue to be be discovered.
It's a good thing...
It's a good thing...
At Bloomberg.com, Ilya Arkhipov, Stephen Bierman and Ryan Chilcote combined on this report:
"The announcement was made by Igor Sechin, Rosneft’s chief executive officer, who spent two days sailing on a Russian research ship to the drilling rig where the find was unveiled today. The well found about 1 billion barrels of oil and similar geology nearby means the surrounding area may hold more than the U.S. part of the Gulf or Mexico, he said.
'It exceeded our expectations,' Sechin said in an interview. This discovery is of 'exceptional significance in showing the presence of hydrocarbons in the Arctic.'"
