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Premature rejoicing over Greek oil find
Foreign prospectors drill deep below Greece hoping for plentiful oil to fuel industrial growth. Despite 18 prior efforts and a recent strike near Missohonghi yielding 28 barrels daily, experts warn profitability requires around 2,500 barrels per day. Drilling continues to 13,000 feet as ministries seek foreign expertise.
MENTIONED IN THIS ARTICLE
Athens
A.A.P
Ministry of Industry
Esso
British Petroleum
Hunt International
Dallas
Texas
Katerini
Greece