Poland Oil And Gas Exploration And Production Industry Investment Opportunities, Analysis and Forecasts to 2012

Poland Oil And Gas Exploration And Production Industry Investment Opportunities, Analysis and Forecasts to 2012

Poland Oil And Gas Exploration And Production Industry Investment Opportunities, Analysis and Forecasts to 2012

Summary

This profile is the essential source for top-level industry data and information relating to the Exploration and Production industry in Poland. It provides asset level information relating to the active and planned oil and gas fields and exploration blocks in Poland. The profiles of the major companies operating in the upstream industry of Poland are also included in the report. The latest news and deals pertaining to the sector are also provided and analyzed.

Scope

• Updated information relating to all active and planned exploration blocks.
• Provides historical and forecast data and information for all the major operating and planned crude oil and natural gas fields.
• Details operators and equity partners of oil and gas fields and exploration blocks.
• Includes information relating to license round details, start and end dates, acreage, location, and reserves.
• Information on the top companies in the sector including business description, strategic analysis, and financial information.
• Product and brand updates, strategy changes, R&D projects, corporate expansions and contractions and regulatory changes.
• Key mergers and acquisitions, partnerships, private equity investments and IPOs.


Reasons to buy

• Obtain the most up to date information available on exploration licenses and oil and gas fields.
• Identify growth markets and opportunities in the industry.
• Facilitate market analysis and forecasting of future industry trends.
• Facilitate decision making on the basis of strong historic and forecast data data.
• Assess your competitor’s exploration and production asset portfolio.
• Understand and respond to your competitors business structure, strategy and prospects.
• Develop strategies based on the latest operational, financial, and regulatory events.
• Do deals with an understanding of how competitors are financed, and the mergers and partnerships that have shaped the market.
• Identify and analyze the strengths and weaknesses of the leading companies.

1 Table Of Contents
1 Table Of Contents 2
1.1 List of Tables 5
1.2 List of Figures 6
2 Introduction 7
2.1 What Is This Report About? 7
2.2 How To Use This Report 7
2.3 Market Definition 7
3 Poland, Country Snapshot 8
3.1 Poland, Key Data 8
3.2 Poland, Exploration And Production Assets Map 9
3.3 Poland, Crude Oil & Natural Gas Reserves 10
4 Poland, Crude Oil And Natural Gas Production 12
4.1 Poland, Historical Crude Oil Production 12
4.2 Poland, Historical Natural Gas Production 13
4.3 Poland, Crude Oil And Natural Gas Producing Asset Details 14
4.4 Poland, Crude Oil Production Assets by Area 14
4.5 Poland, Natural Gas Production Assets by Area 15
4.6 Poland, Crude Oil Production by Company 16
4.7 Poland, Natural Gas Production by Company 16
5 Poland, Crude Oil And Natural Gas Forecasts 17
5.1 Poland, Forecasted Crude Oil Production 17
5.2 Poland, Forecasted Natural Gas Production 17
6 Poland, Exploration Block Details 18
6.1 Poland, Total Number of Active Exploration Blocks 18
6.2 Poland, Total Number of Active Exploration Blocks by Company 19
6.3 Poland, Exploration Blocks Details 20
6.4 Poland, Planned Exploration Blocks Details 26
7 PGNiG SA 28
7.1 PGNiG, Key Information 28
7.2 PGNiG, Company Overview 28
7.3 PGNiG, Business Description 29
7.3.1 PGNiG, Business Description, Business Overview 29
7.3.2 PGNiG, Business Description, Distribution 30
7.3.3 PGNIG, Business Description, Others 31
7.3.4 PGNiG, Business Description, Production 31
7.3.5 PGNiG, Business Description, Trade and Storage 32
7.3.6 PGNiG, Business Description, Major Products and Services 33
8 Poland Exploration and Production Industry,Financial Deals Landscape 34
8.1 Acquisition 34
8.1.1 Aurelian Oil & Gas Acquires Minority Stake In Poland Concessions 34
8.1.2 Grupa LOTOS Acquires LOTOS Parafiny From LOTOS Jaslo, RC Parafiny And Chemipetrol 35
8.1.3 Fortum Power and Heat Acquires 85% Shares Of Przedsiebiorstwo Energetyczne Systemy Cieplownicze From State Treasury of Poland 38
8.2 Partnership 39
8.2.1 GB Petroleum And PGNiG Sign Memorandum Of Understanding 39
8.2.2 Fx Energy Signs Joint Venture Agreement With PL Energia 41
8.3 Asset Transactions 42
8.3.1 SNGN Romgaz To Acquire 30% Interest In Cybinka and Torzym Concessions From Aurelian Oil & Gas And GB Petroleum 42
8.3.2 Gold Point Energy Announces Farm-In On Polish Oil And Gas Project 44
9 Poland Exploration and Production Industry, Recent Developments 46
9.1 License Awards 46
9.1.1 Jul 01, 2008: Aurelian Receives Poznan Polnok Exploration Concession By State Treasury Of Poland 46
9.1.2 Jun 17, 2008: LOTOS Subsidiary Receives Extension Of License For Exploration In Wolin Area 46
9.2 Strategy and Business Expansion 46
9.2.1 Aug 08, 2008: PKN Orlen May Seek Partner From Persian Gulf To Help In Its Search For Oil 46
9.2.2 May 26, 2008: PGNiG Opens Representative Office In Kiev, Ukraine 47
9.2.3 May 21, 2008: Aurelian To Further Develop Siekierki Project In Poland 47
9.3 Recent Discoveries 48
9.3.1 Jul 09, 2008: FX Energy Reports Gas Shows At Grundy-2 Well In Fences Concession 48
9.4 Drilling and Production Updates 48
9.4.1 Aug 12, 2008: FX Energy Announces Workover At Its Grabowka-12 Well In Block 287, Poland 48
9.4.2 Aug 07, 2008: FX Energy Updates On Kromolice-1 Well, Poland 49
9.4.3 Aug 05, 2008: FX Energy Updates On Kromolice-1 Well, Poland 49
9.4.4 Jul 29, 2008: FX Energy’s Kromolice-1 Well Flows Gas 49
9.4.5 Jun 30, 2008: FX Energy Starts Drilling Sroda-6 Well In Poland 50
9.5 Other Significant Developments 52
9.5.1 Jul 07, 2008: LOTOS Supervisory Board Member Resigns 52
9.5.2 Jul 04, 2008: LOTOS Appoints Chairman Of Supervisory Board 52
10 Appendix 54
10.1 Methodology 54
10.1.1 Coverage 55
10.1.2 Secondary Research 55
10.1.3 Primary Research 56
10.1.4 Forecasts 56
10.2 Key Economic Assumptions 58
10.3 Expert Panel Validation 59
10.4 Definitions 60
10.5 Unit Of Measure 61
10.6 Contact Us 61
10.7 Disclaimer 61
10.8 Disclosure information 61





1.1 List of Tables
Table 1: Poland, Oil and Gas, Key Statistics, Aug 2008 8
Table 2: Poland, Total Crude Oil and Natural Gas Reserves (MMBOE), 2000-2012 11
Table 3: Poland, Total Crude Oil Production (MMBBLs), 2000-2007 12
Table 4: Poland, Total Natural Gas Production (BCF), 2000-2007 13
Table 5: Poland, Oil and Gas Asset Details, Aug 2008 14
Table 6: Poland Offshore, Total Crude Oil Production (Barrels), by Assets, 2000-2007 14
Table 7: Poland Onshore, Total Crude Oil Production (Barrels), by Assets, 2000-2007 15
Table 8: Poland Offshore, Total Natural Gas Production (MMCF), by Assets, 2000-2007 15
Table 9: Poland Onshore, Total Natural Gas Production (MMCF), by Assets, 2000-2007 15
Table 10: Poland, Total Crude Oil Production (MMBBLs), by Company, 2000-2007 16
Table 11: Poland, Total Natural Gas Production (BCF) by Company, 2000-2007 16
Table 12: Poland, Total Crude Oil Production (MMBBLs), Forecast, 2008-2013 17
Table 13: Poland, Total Natural Gas Production (BCF), Forecast, 2008-2013 17
Table 14: Poland, Total Number of Active Exploration Blocks, 2000-2007 18
Table 15: Poland, Total Number of Active Exploration Blocks By Company, 2000-2007 19
Table 16: Poland, Oil and Gas Exploration Block Details, Aug 2008 20
Table 17: Poland, Oil and Gas Exploration Block Details, Aug 2008, (Contd.) 21
Table 18: Poland, Oil and Gas Exploration Block Details, Aug 2008, (Cont’d) 22
Table 19: Poland, Oil and Gas Exploration Block Details, Aug 2008, (Cont’d) 23
Table 20: Poland, Oil and Gas Exploration Block Details, Aug 2008, (Cont’d) 24
Table 21: Poland, Oil and Gas Exploration Block Details, Aug 2008, (Cont’d) 25
Table 22: Oil and Gas Planned Exploration Block Details, Aug 2008 26
Table 23: Oil and Gas Planned Exploration Block Details, Aug 2008 (Cont’d) 27
Table 24: PGNiG SA, Key Facts, 2005 28
Table 25: Brent Blend NYMEX Future Prices 59





1.2 List of Figures
Figure 1: Poland, Exploration and Production Assets Map, Aug 2008 9
Figure 2: Poland, Total Crude Oil and Natural Gas Reserves (MMBOE), 2000-2012 10
Figure 3: Poland, Total Crude Oil Production (MMBBLs), 2000-2007 12
Figure 4: Poland, Total Natural Gas Production (BCF), 2000-2007 13
Figure 5: Poland, Total Number of Active Exploration Blocks, 2000-2007 18
Figure 6: Global Markets Direct Methodology 54