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Re: oldberkeley post# 9318

Wednesday, 12/17/2014 7:57:53 PM

Wednesday, December 17, 2014 7:57:53 PM

Post# of 29617

If U.S-Cuba relations are indeed normalized, will U.S. companies become the go-to option for their offshore oil exploration rather than the Russians?



Most of the medium depth offshore drilling has been a bust not worth pursuing so far. The spainish have been the go-too companies so far but the Russians have offered help.

They recently tried some deep drilling and that came back as being nonviable with Repsol actually giving back the leases they held.
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