Hellenic News

Hellenic Petroleum wins Patraikos block

Jul 25, 2013

A consortium of three companies has made a successful bid for an exploration concession on the Patraikos block, off western Greece. Hellenic Petroleum (operator), Petroceltic International, and Edison International, will each hold a one-third working interest in the concession…

Greek exploration-bid success

Jul 12, 2013

A consortium of three companies has said it has made a successful bid for an exploration concession on the Patraikos bock, offshore western Greece. Hellenic Petroleum (operator), Petroceltic International and Edison International, will each hold a one third working interest in the concession…

Energean explores Greece

Jun 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…

Energean to explore Greece

May 16, 2013

Mediterranean-focussed oil and gas explorer Energean Oil & Gas is seeking to increase its exploration and production plans offshore Greece after a cash injection. The firm has had a cash injection of $60million from the newly-created Third Point Hellenic Recovery Fund…

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