Energean Oil & Gas

Energean Oil & Gas is a private E&P company focused on the Mediterranean and North Africa. The company holds a 100% working interest in the Prinos and South Kavala development areas within the Prinos Basin, offshore Greece and is the only oil & gas producer in the country.

Energean has invested over $200mm in the Greek E&P sector during 2007-2014 and it has planned a $200mm new investment plan during 2015-2017 aiming to increase production up to 10,000 barrels per day.

Energean purchased the rig “Energean Force” from KCA Deutag, which has undergone full refurbishment in order to conduct the drilling of 15 wells at the Prinos, Epsilon and Prinos North oil fields.