by Notes from Poland
A Canadian firm that has been exploring potential energy deposits off Poland’s northern Baltic coast claims to have made the largest oil discovery in the country’s history. The find also includes billions of cubic metres of natural gas.
Central European Petroleum (CEP) today announced that it has found a deposit containing 22 million tonnes of oil and 5 billion cubic metres (bcm) of gas at the Wolin East 1 well, which is located around 6 kilometres from the port city of Świnoujście in northwest Poland.
That is “the largest conventional oil discovery in Poland’s history and one of the largest in Europe”, says CEP, which is registered in Canada but carries out exploration for oil deposits within the European Union. “This is a historic moment for both Central European Petroleum and the Polish energy sector.”…
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