Croatia's INA discovers oil in Privlaka field.

By bne IntelliNews September 12, 2012
Croatian oil and gas company INA said it has discovered oil at exploratory well Deletovci-1 Zapad in the Privlaka oil field near Vinkovci, in eastern Croatia. Test results at a debt at about 1,000 meters indicated a significant amount of oil, the company said in a filing with the Zagreb bourse. The latest test showed that daily oil production could be about 600 barrels. INA will continue tests to receive more precise evaluation of the hydrocarbons reserve base and production. The new oil discovery at Deletovci-1 Zapad well, as well as the previous discoveries at Selec-1 well in January 2011 and at Hrastilnica-3 well in July 2012 were achieved as positive results from the implementation of the Pannonian basins exploration strategy based on the search for new so-called satellite fields in the Sava Depression, located near the existing fields.

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