18/3/15

Republic of Cyprus and Total E&P Cyprus B.V. sign agreement for further exploration work for Block 11



Republic of Cyprus and Total E&P Cyprus B.V. sign agreement for further exploration work for Block 11


The Minister of Energy, Commerce, Industry and Tourism, Mr Yiorgos Lakkotrypis, and the General Manager of Total E&P Cyprus B.V., Mr Jean-Luc Porcheron, signed today, Wednesday 18 th of March 2015, an agreement regarding further exploration works in the Exclusive Economic Zone of Cyprus, which Total will undertake in order to further assess the prospectivity of Exploration Block 11.

Today’s agreement is in the framework of the existing contractual relationship between the Republic of Cyprus and Total E&P, with respect to Block 11.