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Alejandro Kadry

Alejandro Kadry

Scarabeo 9: Third Time is a Charm?

First the Spanish oil company Repsol found a dry well. Now Cubapetroleo (CUPET) just announced that Scarabeo 9, the drill rig used by Gazpromneft (Russia) and PC Gulf (Malaysia) found what they were looking for, but not in significant quantities and conditions that could be considered a commercial discovery.