PKN ORLEN has obtained a concession to search for crude oil and gas fields
At the end of October 2007, the Polish Ministry of Environment approved all five applications submitted in June 2007 by PKN ORLEN to obtain a concession to search for and evaluate crude oil and gas fields in the area of Lublin (south-east Poland). Having analysed the project in detail, including the environmental impact of the undertaking, the Ministry has issued a five-year license to PKN ORLEN. PKN ORLEN’s submission followed the Management Board’s decision to partially secure crude supplies for its refineries from potential sources in Poland.
At the end of 2006 a team of geologists from the Company’s Crude Exploration Department analyzed the possibilities of crude oil and gas exploration within the territory of Poland. The Department has focused only on areas made available in public offers. In May 2007 the Management Board of PKN ORLEN approved both the work schedule and the budget.
