• 4 minutes USGS Announces Largest Continuous Oil Assessment in Texas and New Mexico
  • 7 minutes Could Tesla Buy GM?
  • 13 minutes Global Economy-Bad Days Are coming
  • 16 minutes Venezuela continues to sink in misery
  • 11 hours Paris Is Burning Over Climate Change Taxes -- Is America Next?
  • 20 hours End of EV Subsidies?
  • 1 hour What will the future hold for nations dependent on high oil prices.
  • 19 mins OPEC Cuts Deep to Save Cartel
  • 2 mins Congrats: 4 journalists and a newspaper are Time’s Person of the Year
  • 24 mins How High Can Oil Prices Rise? (Part 2 of my previous thread)
  • 5 hours Price Decline in Chinese Solar Panels
  • 10 hours Permian Suicide
  • 16 hours GOODBYE FOREIGN OIL DEPENDENCE!!
  • 15 hours Asian stocks down
  • 19 hours Maersk's COO statment.
  • 18 hours Trump accuses Google Of Hiding 'Fair Media' Coverage of him

Exclusive Intelligence: Be the First to Get in on Bosnia

We’ve been holding on to this nugget for some time, waiting for one of the last pieces of the puzzle to near position. Now it’s time: Bosnia and Herzegovina has untapped oil and gas potential that stands to be better than that of Albania, the largest producer in the region. One supergiant is already here, very quietly, and the cat is about to be let out the bag—but we’re letting you in on it before that happens. Timing is everything. 

There’s a lot of background to this, most of it’s complicated and political—a lot of which is too long and complex to include here—but Oilprice.com’s intelligence services can fill in the blanks for anyone who is interested beyond what we bring you here.

This is the short list of what you need to know:

•    Shell has the exclusive right to continue where Amoco left off, and depending on exploration success, the first well could be in late 2013 or early 2014, with exploitation by 2015
•    Albania is the regional leader in oil production, with Patos-Marinza oilfield one of the biggest onshore fields in Europe (original oil in place is around 7.5 billion barrels); but Bosnia may have even greater potential with a similar investment pattern
•    What we’re waiting for now is final approval of draft oil and gas legislation by parliament, which is expected right after the summer break

The…

To read the full article

Please sign up and become a premium OilPrice.com member to gain access to read the full article.

RegisterLogin

Trending Discussions




Oilprice - The No. 1 Source for Oil & Energy News
-->