The meeting will be attended by Energy Minister Giorgos Lakkotrypis.

Recently, Lakkotrypis has to address a number of media reports claiming the US oil giant has struck it big at the Glafcos-1 drill site within block 10.

Local media outlets were reporting that ExxonMobil had found a sizeable, though not massive, reserve at their second drilling target in block 10.

The reserve was said to hold at least 2.5 trillion cubic feet of natural gas – the minimum amount required to make it commercially viable.

The reports claimed to be citing “industry sources.”

ExxonMobil has a firm policy of not disclosing any information on ongoing operations.

The company’s final announcements will concern both Glafcos-1 and Delphine, the site within block 10 that was drilled first.

Source: Cyprus Mail