Regent Ventures Ltd RGVNF

Some interesting information

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Poland is believed to hold significant undiscovered petroleum and natural gas resources. The majority of exploration has been carried out in relatively small portions of the country, and due to financial constraints, has been restricted to areas close to already existing production. The Polish Geological Institute estimates the undiscovered potential of non-shore reserves range between 107 million tons (773 million barrels) to 352 million tons (2 546 million barrels) of oil and 640 - 1,200 BCM (22.5 - 42.3 TCF) of natural gas. The Polish Petroleum Institute estimates show potential oil reserves of 241.2 MMt (1,827l.8 MMbbl) and natural gas of 1,013.4 BCM (35,796.3 BCF), including recoverable reserves respectively 72.4 MMt (548.6 MMbbl) of oil and 608 BCM (21,476.4 BCF) of gas. The most prospective areas for oil and gas reserves are located in the Polish Lowlands..... The Carpathian Foredeep, the major source of high-methane gas production, is still an object of exploration. The Outer Carpathians are also expected to provide additional oil and gas exploration opportunity.