CROSCO has signed oilfield services contract with PSP d.o.o.

CROSCO has signed oilfield services contract with PSP d.o.o.

CROSCO has signed the oilfield services contract with Podzemno skladište plina d.o.o. (PSP d.o.o.) on July 23, 2015. The contracted works are related to: workover services with 85 and 100 tons capacity rigs, well testing, coil tubing and nitrogen, cementing and stimulation, well logging, working with oil well fluids, special oilfield operations, works related to regular maintenance and emergency repairs of oilfield equipment and other services that CROSCO provides on the PSP request and under agreed terms. The expected duration of the contract on Okoli location is until May 31, 2017.