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Central European Petroleum (CEP) announces a major oil and gas discovery at the Wolin East 1 well off Poland’s Baltic Sea coast—one of Europe’s most significant conventional finds in a decade. Located near Świnoujście, the site holds an estimated 22 million tonnes of crude oil and 5 billion cubic metres of natural gas. The broader 593 sq km concession could contain over 33 million tonnes of oil and 27 billion cubic metres of gas, signaling a major energy breakthrough for Poland and the region.
Monday, 21 July, 2025
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