Oil Discovered in Ulcinj

Montenegro, in its submarine, has 51 billion cubic metres of natural gas and 144 million flowing resources, or approximately 438 million barrels of oil. The report on independent assessments of the blocks in the Montenegrin submarine, which is managed by the company Energean Oil & Gas, showed this. This report, as told of CdM by [...]
The report on independent assessments of the blocks in the Montenegrin submarine, which is managed by the company Energean Oil & Gas, showed this.
This report, as told of CdM from this company, confirms estimates that Montenegro “lowered” into the node of the precious resources of the eastern Adriatic potential untapped.
Energean is currently the only operator, with 100 percent participation, in so - called blocks in Ulcinj's submarine.











