What Is This Statement Referring To?
Here is the statement. "It doesn’t yet know if Tiber will prove commercially viable." What is this statement referring to and where is this "Tiber"?
Good luck.
Here is the statement. "It doesn’t yet know if Tiber will prove commercially viable." What is this statement referring to and where is this "Tiber"?
Good luck.
Yogi
Favorite Answer
It refers to a large oil field find off the coasts of Louisiana and Texas in The Gulf of Mexico. It has been called 'Tiber'
" ... discovery of the biggest U.S. oil find in three years may spur an exploration revival in the Gulf of Mexico, a region thought by some industry executives to be played out after output slumped.
London-based BP said today it identified a “giant” prospect called Tiber more than six miles (9.7 kilometers) beneath the surface of the Gulf. The find confirms there are more large reservoirs of crude off the coasts of Louisiana and Texas, ..."
http://www.bloomberg.com/apps/news?pid=20601170&sid=aNrwOK1CUmMA
JanuK3
U.S. oil find in Gulf of Mexico
you'll find all about it here:
http://www.bloomberg.com/apps/news?pid=20601170&sid=aNrwOK1CUmMA