Petra Petroleum is pleased to announce that the Corporation has entered into a letter of intent with an operating company in the United Arab Emirates in respect of an opportunity to acquire a large participating interest in a highly prospective onshore exploration concession. The concession area lies on-trend with a number of existing producing oil and gas fields and the Corporation's evaluation of the project area [...]
Petra Petroleum is pleased to announce that the Corporation has been selected as Preferred Bidder for the Ioannina Contract Area under the Greece Open Door invitation process for hydrocarbon exploration rights. The Corporation has joined with Energean Oil & Gas S.A. for the award of the Ioannina Contract Area, a 4,187 sq. km onshore block, located in north-western Greece, adjacent to the Albanian border.
Petra Petroleum is pleased to announce the formation of a strategic partnership with Beagle Geoscience Group. The Corporation has entered into a strategic partnership agreement with the London-based Beagle Geoscience Group, an international oil and gas exploration services company, to provide specialist G&G evaluation services to the expanding exploration and new ventures needs of the Corporation.