Katakolo oil reserves three times larger than initial estimatεs
- Written by E.Tsiliopoulos
Εnergean Oil & Gas announced that the oil reserves at Katakolo are three times larger than what was initially thought they were.
The Greek oil company stated that the confirmed resources are 10,7 million barrels of crude oil instead of 3 million barrels the company had estimated.
The new confirmed data come from an independent specialized evaluation company.
This along with the investments at Ioannina, Aitoloakarnania and Prinos as well as Israel and Montenegro gives Εnergean Oil & Gas very positive prospects for 2018.
Tagged under
Related items
-
Greece moves to become Southeast Europe’s first carbon storage hub
-
Giannis Antetokounmpo says Heat provide best route to another NBA title
-
Mitsotakis says under-15s should be banned from major social media platforms, warns of AI's "extreme" risks
-
Marco Rubio made a reference to the murder of Vagia Nestora - "She was executed because her daughter dared to run for public office"
-
Greek banks have liquidity ready to fuel economic growth
Latest from E.Tsiliopoulos
- Greece moves to become Southeast Europe’s first carbon storage hub
- Giannis Antetokounmpo says Heat provide best route to another NBA title
- Mitsotakis says under-15s should be banned from major social media platforms, warns of AI's "extreme" risks
- Marco Rubio made a reference to the murder of Vagia Nestora - "She was executed because her daughter dared to run for public office"
- Greek banks have liquidity ready to fuel economic growth
