Greece awards offshore Patraikos concession

Petroceltic 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.

May 16th, 2014

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 othergeological 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 itsElsa discovery in the Adriatic Sea.

05/16/2014

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