• Operation of the largest onshore heavy oil field in continental Europe with potential to increase recovery by the application of primary, secondary and enhanced oil recovery (EOR) extraction technologies.

For more information view our drilling methods diagram.

In Albania, we hold interest in two heavy oil fields -- Patos Marinza and Kuçova, plus an exploration contract.  Features include:

Patos Marinza oil field:

• 100% W.I. & operatorship
• 25+ year license agreement
• 5.7 billion barrels of Original Oil in Place (OOIP)
• Reserve base of 203 MMbbls (P+P)
• 10°  to 22° API crude oil
• Long-life reserves with production growth potential

Kuçova oil field:

• 100% W.I. & operatorship
• 297 million barrels of Original Oil in Place (OOIP)
• Reserve base of 10 MMbbls (P+P)
• 14° to 22° API crude oil
• Long life reserves with production growth potential  
• Evaluation stage with upside for increased recovery through waterflood

Block F exploration contract:

• 185,000 acres
• Contiguous with the Patos Marinza block
• Prospective for natural gas

Our strength comes from an experienced management and employee team, solid financial performance, and great potential for growth.