Oil & Gas Capital launches its activity in Spain

The government of the autonomous region of Andalucía has granted three exploration permits to Oil & Gas Capital S.L. for three projects in the upper and lower basin of the Guadalquivir River. Project Penelope is located in the vicinity of Seville city, where numerous discoveries of biogenic gas have been made. The projects Ulises-2 and 3 are located in the province of Jaén, in a relatively unexplored area of the basin with potential for the discovery of oil and gas reserves.

Official announcements (in Spanish only):
1) PENELOPE,
2) ULISES 2 and 3.