Extending a mature province Exploration and Production around the Adriatic and Eastern Mediterranean
The Ionian zone of Northwest Greece and Albania is a proven petroleum producing province, with a long history of exploitation in Albania, and on-going exploration in both Greece and Albania. The complex tectonics of the area involve an evaporite soled fold and thrust belt, so seismic acquisition is limited in its ability to resolve structure. This means that structural geology, geochemistry, and other non-seismic exploration techniques are imperatives in the area.
PAETORO has a long standing interest in this region, and is working to collate and analyse existing data, and to understand whether new exploration techniques could discern further targets.