Energean Oil & Gas stated that oil production in the Prinos oilfield doubled after completing the first from a total of 15 drillings scheduled for the period 2015-2017 in Kavala Bay.

About  1,500 barrels of oil are given to the daily production totaling around 3,000 barrels per day and recording an increase of 60% comparing to last year.

Energean Oil & Gas said that verified oil reserves in Kavala Bay amounted to 30 million barrels planning to exploit them through a 200-million-US dollar investment program which is currently underway.