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Northern Cuba Oil Exploration CRRT BRIEFING 10 MAY 2011 LCDR Shaun Edwards USCG District 7, Miami, FL.

Northern Cuba Oil Exploration CRRT BRIEFING 10 MAY 2011 LCDR Shaun Edwards USCG District 7, Miami, FL. Situation update. Scarabeo 9 currently in Singapore, transit to Cuba approx. 70 days. Rig will spud in mid-SEP 2011. Repsol to begin drilling Fall 2011 and last approx. 60 to 65 days.

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Northern Cuba Oil Exploration CRRT BRIEFING 10 MAY 2011 LCDR Shaun Edwards USCG District 7, Miami, FL.

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  1. Northern Cuba Oil ExplorationCRRT BRIEFING10 MAY 2011LCDR Shaun EdwardsUSCG District 7, Miami, FL.

  2. Situation update • Scarabeo 9 currently in Singapore, transit to Cuba approx. 70 days. • Rig will spud in mid-SEP 2011. Repsol to begin drilling Fall 2011 and last approx. 60 to 65 days. • Water Depth: Estimated 5,871 ft (Macaondo well- 5,000 ft) • Well is named JAGUEY 1 • Location: SW corner of Block 27 • LAT: 23o 22-27.9 N • LONG: 82o 29-34.3 W • Oil Characteristics: API 19 – 19.5 (est) • -Heavier oil w/ Maya Crude characteristics • Staging: Mariel, 52km fm Havana

  3. Cuba Block Leases

  4. External Outreach • Florida Governor Scott • Florida Senators Nelson & Rubio • Numerous Florida Representatives • US Ambassador to Bahamas • Bahamian Ministry of Environment & NEMA • Area Committees • Numerous media outlets

  5. Way Forward • NOAA trajectories • RCP & ACP updates • International Oil Spill Response Annex/Plan • Continue robust external outreach • Response technology/methodology review • DOC & OFAC licensing

  6. Other Exploration • Bahamas: • Seismic surveys • Exploration in Cay Sal Banks/ Andros Island area • Moratorium on drilling in effect following DWH • Barbados: • Auctioned 2 blocks *contested by Venezuela • Jamaica • Seismic surveys

  7. Questions?

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