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Baystreet.ca - This Tiny Country Could Become Europe's Newest Oil Producer

This Tiny Country Could Become Europe’s Newest Oil Producer
It is rather rare to see enthusiasm for completely new exploration projects in Europe. The overwhelming majority of OECD countries are either in terminal decline or are looking into ways how to ban exploration altogether. The less-appraised parts of Eastern Europe might still have some potential yet in the absence of oil majors such endeavors risk remaining a lifelong pipe dream. Still, the appearance of a new European frontier can rekindle upstream hopes (even if for a short period of time). Europe’s latest addition to the list of nations willing to tap into their prospective hydrocarbon resources is located in the southeast of the Old Continent, in Montenegro. The small ex-Yugoslav republic with just slightly more than 600 000 inhabitants has witnessed its first offshore well spudded on March 25, 2021. The 4118-5-1 wildcat was drilled in 100 meters of water to a total depth of 6525 meters, some 25km ....

Bruxelles Capitale , Federal Republic Of Yugoslavia , Jadran Juzni , Viktor Katona , European Union , Eastern Europe , Old Continent , Taranto Refinery , Egyptian Zohr , Sectoral Sanctions Identifications , Socialist Federal Republic , Southern Adria , Topaz Driller , Greek Energean , ப்ரூக்ஸெல்ஸ் தலைநகரம் , விக்டர் காதோனா , ஐரோப்பிய தொழிற்சங்கம் , கிழக்கு யூரோப் , பழையது கண்டம் , டரான்டோ சுத்திகரிப்பு நிலையம் , சோசலிஸ்ட் கூட்டாட்சியின் குடியரசு , புஷ்பராகம் துரப்பணம் ,

This Tiny Country Could Become Europe's Newest Oil Producer

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This Tiny Country Could Become Europe’s Newest Oil Producer
By Viktor Katona - Apr 04, 2021, 10:00 AM CDT
It is rather rare to see enthusiasm for completely new exploration projects in Europe. The overwhelming majority of OECD countries are either in terminal decline or are looking into ways how to ban exploration altogether. The less-appraised parts of Eastern Europe might still have some potential yet in the absence of oil majors such endeavors risk remaining a lifelong pipe dream. Still, the appearance of a new European frontier can rekindle upstream hopes (even if for a short period of time). Europe’s latest addition to the list of nations willing to tap into their prospective hydrocarbon resources is located in the southeast of the Old Continent, in Montenegro. The small ex-Yugoslav republic with just slightly more than 600 000 inhabitants has witnessed its first offshore well spudded on March 25, 2021. The 4118-5-1 wildcat was drill ....

Bruxelles Capitale , Federal Republic Of Yugoslavia , Jadran Juzni , Viktor Katona , European Union , Eastern Europe , Old Continent , Taranto Refinery , Egyptian Zohr , Sectoral Sanctions Identifications , Socialist Federal Republic , Southern Adria , Topaz Driller , Greek Energean , Wild Cat , Ex Yugoslavia , ப்ரூக்ஸெல்ஸ் தலைநகரம் , விக்டர் காதோனா , ஐரோப்பிய தொழிற்சங்கம் , கிழக்கு யூரோப் , பழையது கண்டம் , டரான்டோ சுத்திகரிப்பு நிலையம் , சோசலிஸ்ட் கூட்டாட்சியின் குடியரசு , புஷ்பராகம் துரப்பணம் , காட்டு பூனை ,