San Leon in Durresi resource lift

Keeping door open: San Leon at Durresi data room for block suitors

related stories

Steve Marshall

 07 February 2013 08:59 GMT

Irish player touts gas potential of Albanian offshore block as it extends time for farm-out process

Irish explorer San Leon Energy has bumped up resource estimates for its Durresi block off Albania and given potential farm-in suitors more time to assess its potential, with “major multinationals” among those beating a path to the door of its data room.

The block’s prospective Alban structure is now estimated by San Leon’s management to hold around 3.2 trillion cubic feet of gas and 145 million barrels of condensate in mean resources.

Estimates for the already identified leads and prospects on the block, wholly owned by San Leon, indicate it contains unrisked mean case recoverable prospective resources of up to 2 billion barrels…

Become an Upstream member!

Membership includes a subscription to our weekly newspaper providing in-depth news from the energy industry, plus full-access to this site and its archives. Still not convinced? Try our free trial.

Already a member?

Login

Upstream share price index