Cuba oil dreams on hold as drill rig set to depart

Posted on Tuesday, 11.13.12

Cuba oil dreams on hold as drill rig set to depart
The Associated Press

HAVANA -- Cuban officials confirm that the only platform in existence
that can drill in deep waters off the island's west is preparing to sail
away after three exploratory wells drilled this year struck out.

The Scarabeo-9's imminent departure is a disappointment for the
government, and analysts say it means dreams of a big find will be on
hold indefinitely.

In the words of Jorge Pinon (HOHR'-yay peen-YAHN'), a Latin America oil
expert at the University of Texas: "Bottom line: This chapter is
finished. Close the book, put it on the shelf ... But do not discard.
Maybe there is a good ending to this story ... someday."

http://www.miamiherald.com/2012/11/13/3095625/cuba-oil-dreams-on-hold-as-drill.html