In a recent development, the Polish Oil and Gas Company has acquired a concession in Block 113, strategically located between the Ghadames and Murzuq basins. This significant announcement was made during a crucial technical meeting, marking a new chapter in the firm's robust expansion strategy.
1. The Polish Oil and Gas Company has acquired a concession in Block 113, positioned between the Ghadames and Murzuq basins.
2. This development was revealed during a critical technical meeting.
3. This acquisition marks a new chapter in the firm's expansion strategy.
4. The strategic location of the concession will further strengthen the company's footprint in these oil-rich regions.
5. A strategic development and operations plan for the newly acquired area is already in progress.
The Polish Oil and Gas Company's new concession in Block 113 marks an important addition to the company's portfolio as it covers a total area of 8,636 square kilometers.
During a technical meeting, the Polish Oil and Gas Company disclosed this strategic development. The company's concession lies within Block 113, strategically positioned between the Ghadames and Murzuq basins. This significant move further cements the company’s footprint in these oil-rich regions while broadening their portfolio in the international oil market. A strategic plan for the company’s development and operations in the area is already underway.