Signing of onshore exploration and production sharing agreement in Croatia
Zenith Pure Oil Plc. hereby informs the capital market participants that INA, d.d. made a Stock Exchange announcement on an onshore exploration licence in Croatia.
With reference to the Croatian Government’s decision adopted on 8th June, INA has signed the onshore exploration and production sharing agreement today. The mentioned agreement grants exploration rights to INA for Block Drava-2 for the period of 3 years with the possibility to extend it for another two years.