Petroceltic Enters Greece with Patraikos Block Award

Junior explorer Petroceltic International reported Friday that it is part of a consortium that has been awarded the Patraikos block, offshore western Greece. Petroceltic, Hellenic Petroleum and Edison International will each hold a one-third working interest in the concession. The Patraikos block is located in the Gulf of Patra, covering an area of 1,892 square kilometres, with water depths ...

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