The race is on for oil in the eastern Mediterranean, with at least four major competitors gunning to win.
But it's far from a friendly competition. Of those four, two are locked in an ongoing state of war and the third refuses to recognize the fourth.
So will Israel, Lebanon, Turkey and Cyprus find a way to work things out?
Not likely, although the possibility of war between Israel and Lebanon is far more likely than an outbreak of violence between Turkey and Cyprus, observers say.
Turkey this week announced its intention to start oil exploration off the northern coast of Cyprus near the breakaway Turkish Cypriot enclave while simultaneously expressing dismay with the Greek Cypriot government's decision to negotiate oil exploration deals with Lebanon.
"Greek Cyprus does not represent the entire island and it cannot strike deals that concern the interests of the whole island," an unnamed Turkish diplomatic source told the Turkish English-language newspaper Hurriyet Daily News. "That's an attitude we have often shared with our Lebanese friends and I think they will take this into consideration."