In 2014 the consortium ENERGEAN OIL & GAS and TRAJAN OIL & GAS Ltd. was awarded the Katakolon lease.
Katakolo off-shore area in western Peloponnese comprises the only area in western Greece (Ionian zone) with a proven oil/gas-field discovery. The discovery dates back to the early 80s where recoverable reserves were estimated at 3 million barrels of oil. Limestones of Cretaceous-Eocene age, part of the Ionian zone, form an anticline structure with reservoir rock, unconformably overlain by Neogene sediments.
Katakolon Lease Agreement 2014
JMD for Ratification of Strategic Environmental Assessment (SEA) for Katakolon Contract Area [text in Greek language]
Strategic Environmental Assessment (SEA) for Katakolon Contract Area [English Non Technical Summary at page 453]
Review of public consultation comments on Strategic Environmental Assessments (SEAs) for Katakolon and Patraikos Gulf (West) Contract Areas [text in Greek language]