Greece awards offshore Patraikos concession

Offshore staff

DUBLIN, IrelandPetroceltic and its partners have signed a lease agreement for the Patraikos block offshore western Greece with the Greek Ministry of Environment, Energy, and Climate Change.

During the initial three-year period, the consortium will perform seismic acquisition and other geological studies with a view to developing leads and prospects for potential future drilling.

Offshore Italy, Petroceltic is finalizing a new environmental impact assessment and detailed drilling/testing plan for its Elsa discovery in the Adriatic Sea.

05/16/2014

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