Cyprus lures London investors as ExxonMobil stands defiant in face of Turkish warnings
ExxonMobil VP: We are happy to be in Cyprus despite Turkish noises
Cyprus one of top 5 countries globally in terms of total discovered resources
The discovery well encountered an extended gas column confirming the extension of "Zohr-like" play in the Cyprus EEZ
According to CEO Bassias, hydrocarbon concessions for Crete & Ionian Sea to be completed by end-year
These areas are considered high risk and high output because of the great sea depth