Pennine takes the long view, pursues the Albanian advantage
Feb. 9, 2016
Global unrest has continued in the energy markets into 2016, as the world’s major producers vie for market share and demand remains uncertain. At Pennine Petroleum Corporation, we see this backdrop as an opportunity for strategic thinking and decisive action.
We're positioning ourselves for a bold entry into the Albanian oil and gas market--creating opportunity for our company, and value for our shareholders.
Why are we targeting southeastern Europe? Plenty of reasons--relatively low production costs, an industry-friendly atmosphere, low risk, and convenient access to regional refineries.