ORLEN acquires new production assets in Canada, doubling its oil and gas reserves
Operating through its subsidiary TriOil Resources Ltd. (“TriOil”), PKN ORLEN has completed its acquisition of Canadian-based oil and gas producer, Birchill Exploration LP at total price of CAD 255.6 million, which is around PLN 707.5 million. Thanks to this acquisition ORLEN Group will increase its 2P reserves to 48 million boe.
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