Energean will start drilling for hydrocarbons at the Katakolo site in the winter of 2016-2017

Energean will start drilling for hydrocarbons at the Katakolo site in the winter of 2016-2017, followed by seismic surveys at the Ioannina site the following summer, company Chairman and CEO Mathios Rigas said at an international energy conference taking place in Croatia this week.

He said Energean was currently awaiting an assessment of the offers it has submitted in tenders for the Aitoloakarnania and Arta/Preveza sites and was in the final stages of negotiations with the government of Montenegro for three offshore field blocks.