Tag: Pennine

Albania terminated PSA with Pennine – Albania, 02 May 2019

Albanian Ministry of Infrastructure and Energy decided to terminate production shared agreement (PSA) signed between state-owned Albpetrol and Canadian Pennine Petroleum Corporation for the Velca block. The statement from the […]

Pennine seeking partner for Velca block – Albania, 1 August 2018

Canadian Pennine Petroleum Corporation said that it has established a data room available to potential partners who are planning to participate in production sharing agreement for the Velca block in […]

Pennine to start drilling in Velca block in Q3 2018 – Albania, 23 February 2018

Canadian Pennine Petroleum Corporation announced that it expects to start initial drilling of the well in Velca block in early third quarter of 2018. The statement from the company also […]