ExxonMobil drill off Cyprus fails to find gas in commercial amounts-Ministry

An exploration drill by ExxonMobil offshore Cyprus has failed to find commercial quantities of natural gas, the island's energy ministry said on Monday. Drilling operations had been completed at the Elektra-1 well in Block 5 of the exclusive economic zone (EEZ) of Cyprus, it said. "Well data and preliminary evaluation work indicate the presence of natural gas in non-commercial quantities," the Ministry of Energy, Commerce and Industry said.