Tag: Velca

Pennine contacts potential investor for the development of Velca onshore block – Albania, 11 February 2019

Canadian Pennine Petroleum Corporation said that it has contacted four potential investors who expressed interest in participating in onshore Velca block production sharing agreement. CEO of Pennine Petroleum Desmond Smith said that the company is working hard to secure investors as it moves towa Full article available for subscribers of Energy NEWS service (PDF publications, […]

Pennine completed data digitalization for Albanian Velca block – Albania, 01 October 2018

Canadian Pennine Petroleum Corporation said that it has completed the digitalization of geophysical and geological information on Velca oil block in Albania with the aim to use the data for future drilling activities within the block. Pennine CEO Desmond Smith said in a press release explained th Full article available for subscribers of Energy NEWS […]

Pennine seeking partner for Velca block – Albania, 1 August 2018

Canadian Pennine Petroleum Corporation said that it has established a data room available to potential partners who are planning to participate in production sharing agreement for the Velca block in Albania. CEO of Pennine Petroleum Desmond Smith said that the virtual data room contains all the geological and geophysical data, adding that so far, five […]