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Following up on its inital announcement last November, Porto Energy Corp., has it has entered into a definitive joint venture agreement with Sorgenia International B.V., Netherlands ("Sorgenia"), and Rohöl-Aufsuchungs Aktiengesellschaft, Austria ("RAG"), to jointly evaluate the unconventional...
The Algarve’s offshore could be rich in natural gas and provide for Portugal’s needs for “between 12 and 15 years,” according to António Costa Silva, President of Partex Oil and Gas (Holdings) Corporation, an oil company which is owned by the Lisbon-based Calouste Gulbenkian...
Porto Energy Corp., has entered into a Memorandum of Understanding with Sorgenia International B.V., Netherlands and Rohöl-Aufsuchungs Aktiengesellschaft, Austria to jointly evaluate the unconventional resource potential of the Lower Jurassic (Lias) stratigraphic interval within Porto's concessions...
Porto Energy Corp. the Portugal focused oil and natural gas explorer, has announced results from the drilling of the SPC-2 well in the Torres Vedras concession onshore Portugal, the second well of a proposed two to four well exploration program in the Company's Jurassic Reef Trend. The SPC-2 was spud...