UK Sea Energy to continue oil exploration in Montenegro.

By bne IntelliNews September 22, 2010
British company Sea Energy will continue exploring for oil and gas in the Montenegrin undersea, since the initial studies have shown that there possibly are commercial reserves. The company intends to open two boreholes in 2012 near Prevlaka, the companys president Steve Rempa said. Sea Energy is interested in the domestic energy sector overall, including wind power production.

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