Croatian Oil Find for MOL Subsidiary INA
Croatia-based oil company Industrija Nafte (INA) has made a new oil discovery in the country with its exploration well Deletovci-1 Zapad.
INA, a subsidiary of Hungarian oil firm MOL Group, said that drilling at around 3,280 feet resulted in significant production of oil and that the latest tests indicate oil production of approximately 600 barrels of oil per day.
INA said that the discovery was a continuation of positive results, including the discoveries at its Selec-1 and Hrastilnica-3 wells in 2011 and July this year respectively, that have derived from the implementation of its exploration strategy for the Pannonian basin.
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