BNK Petroleum quits a Polish market
12:35
American oil company BNK Petroleum Inc. announced the cessation of project in Słupsk [Pomeranian Voivodeship]. They plan to stop all activities in Poland.
Company expends 1, 7 million of dollars to maintain projects in Poland. However, the main problem is impossibility to find a joint venture partner for project in Słupsk.
"In this difficult time of low oil and gas prices, the closure of operations in Poland will contribute to significant savings for us," said Wolf Regener, BNK Petroleum Executive Director.
They are going to focus on mining Tishomingo Field in Oklahoma and looking for new opportunities in the US and abroad.
It's not the first time foreign companies close their mining work in Poland. Marathon Oil, Talisman Energy and Chevron have already put a stop to any kind of operations here.