Katakolo oil reserves three times larger than initial estimatεs
Εnergean Oil & Gas announced that the oil reserves at Katakolo are three times larger than what was initially thought they were.
- Published in Greece
Εnergean Oil & Gas announced that the oil reserves at Katakolo are three times larger than what was initially thought they were.
Energean Oil & Gas has just initiated a $225 million dollar investment plan to create 30 million barrels of reserves from North West Greece, along with a production rise from Epsilon, Prinos and Prinos North fields to 10,000 bbls per day by 2016, according to Scandinavian Oil Gas Magazine.