Energean explores Greece

OE Staff
Monday, June 17, 2013

Energean Oil & Gas plans to increase its exploration  and production offshore Greece. The firm received $60 million from the newlycreated Third Point Hellenic Recovery Fund. The cash will fund a four-well program in 2013 with the goal of doubling production to 4000b/d by year end. It will also help start the Epsilon development plan, a 32MMbbl satellite field to the Prinos field.


Related Stories

DEME Installs Final Monopile at Nordlicht I Offshore Wind Farm

Northern Lights Signs Up Second Swedish CCS Customer

Inpex Buys Into Two BP-Operated Indonesian Offshore Blocks

Current News

Siemens Energy Picks EST-Floattech for Marco Polo's CSOV Battery System

DEME Installs Final Monopile at Nordlicht I Offshore Wind Farm

IWS Places $300M Order for Four New Skywalker-Class CSOVs

Borr Drilling Lines Up New Work for Jack-Up Rig Trio

Subscribe for OE Digital E‑News