Petroceltic gets new licence

PETROCELTIC has been awarded a new exploration licence off the coast of Italy. The licence area covers 127 square kilometres and includes the site of a former oil well.

Petroceltic gets new licence
Thu, 12 May, 2005 - 01:00

Petroceltic holds an initial 15% stake in the licence but has the option to increase this to 40%.

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CourtsPlace: ItalyOrganisation: Petroceltic
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