Projects

CEOC has now signed Heads of Terms with INA Industrija Nafte d.d. to evaluate the redevelopment potential of six oil fields in Croatia.

Earlier this year CEOC signed Heads of Terms with MOL Hungarian Oil & Gas Company to evaluate the redevelopment potential of six oil & gas fields in Hungary.

CEOC Announces Farm-In to North-East Slovenia Exploration Blocks (January 2012.)
CEOC Ltd is pleased to announce that it has entered into a farm-in agreement with NaftaGeoterm (operator) and co-venturersAspect Energy to acquire a 40% interest in 3 exploration blocks in north- east Slovenia. Under the terms of the agreement CEOC will acquire a 40% working interest in the blocks in return for funding 50% of the exploration costs. The three exploration blocks are Goricko (northern most block),  Filovci(central block) and Bukovci-Kog (southern block). The initial exploration work programme will involve reinterpretation of existing data, acquisition of new seismic and the drilling of an exploratory well.
This farm-in provides CEOC with access to valuable exploration blocks in an area with proven hydrocarbon potential and infrastructure with the potential to deliver considerable production in the mid-term and is consistent with CEOC’s ambition to further develop its portfolio within Central Europe.