Calamos Supports Greece

Block 12

Famous Indian Actress to Appear in Greek Film

Indian actress Neetu Chandra, known for her roles in Bhojpuri, Hindi, Tamil and Telugu films, is now participating in a Greek movie, where she will be playing the Indian Goddess of Love. Concerning the film she said “the script was...

Noble Reduces Gas Estimate in Block 12 off Coast of Cyprus

Noble Energy Inc. reduced the amount of natural gas it estimates is present in a field off the coast of the Republic of Cyprus after getting results from an appraisal well in Block 12. The gross resources of the field...

Cyprus Gas Tests Hit Glitch

The US-based oil company Noble Energy on Sept. 5 began a drill stem test (DST) at the A-2 well in its Block 12 concession offshore Cyprus, flaring the well to check for the possibility of natural gas in the...

Nicosia: Natural Gas Reserves Estimate Revised Downwards

The estimated amount of natural gas reserves within the Block 12 concession, operated by the Noble Energy Inc., has been revised downwards by a foreign independent consulting company, “Netherland Sewell & Associated Ltd”, which works with the American firm...

Cyprus Block 12 Characterized as "World Class" Gas Field

Noble Energy’s Vice President Terry Gerhart described the natural gas field of Block 12 in Cyprus EEZ as “world class, and of very large accumulation”. Mr. Gerhart had a meeting earlier on Thursday with President Christofias, in which the latter...

Turkey Against Offshore Oil and Gas Drilling in Cyprus

After the Republic of Cyprus decided to proceed with the drilling for oil and gas in the Southeastern Mediterranean, Turkey has reacted rather provocatively demanding the immediate halt in the search. Greek Minister of Foreign Affairs Mr. Beglitis answered...

Tension Escalates Between Turkey and Israel Over Cyprus Block 12

Turkey has sent out three Navy frigates on patrol to the Eastern Mediterranean so as to secure the waters near Israel's 12-mile limit and protect “freedom of the seas”, said Turkish daily newspaper Sabah yesterday. The former allies, Turkey and...