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albanian

Falling Oil Price Hits Albanian Petroleum

Bankers Petroleum announced that it has revised its investment programme for 2015 down to $153 million US (€127 million) due to the continued weakness of the oil price in the international market. Last December, the company projected…

Petromanas provides update on Albanian activities

Petromanas Energy Inc. ("Petromanas" or the "Company") (TSXV: PMI) today provided an update on its drilling and testing activities on Blocks 2-3, in which it holds a 25% working interest and is the Operator with Shell holding the remaining…

Petromanas provides Albanian operational update

Shpirag-2 The Shpirag-2 well reached total depth of 5,547 meters in late June and the Company subsequently set the production liner and released the rig on July 13. Lease and tankage preparation has been underway since the rig was moved off…

Petromanas Updates Albanian Exploration Activities

Petromanas Energy Inc. ("Petromanas", or the "Company") (TSXV: PMI) today provided an update on current and planned exploration initiatives onshore Albania. Albania Blocks 2-3 The Shpirag-2 well continues to drill ahead in the target…