The Greek company plans to invest $19 million over seven years in the shallow-water blocks, targeting a 3D seismic survey in early 2018.
Energean deal
Energean Oil & Gas has signed exploration and production concession contracts covering offshore blocks 4219-26 and 4218-30 off Montenegro.
17 March 2017 0:00 GMT
Updated
17 March 2017 0:00 GMT