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LOTOS and CalEnergy working together on Baltic gas deposits

LOTOS and CalEnergy working together on Baltic gas deposits

On April 9th 2013, CalEnergy acceded as a limited partner to the Baltic Gas Sp. z o.o. i Wspólnicy Spółka Komandytowa, a limited liability partnership created earlier by LOTOS Petrobaltic to implement an investment agreement with CalEnergy of October 30th on cooperation in development of gas fields B4 and B6 in the Baltic Sea. The recoverable reserves at B4 and B6 are estimated at 4 billion m3 of gas.