Croatia has opened a licensing round for oil and gas exploration in its central and southern regions with the bid deadline being Sept. 10. Licenses are tentatively scheduled to be announced in December, a spokesman with the Croatia Hydrocarbon Agency (CHA) said. CHA Pres. Marijan Krpan told the North American Prospect Expo in Houston on Feb. 14 that Croatia recently enacted a hydrocarbon law to attract investors and ensure what he calls a smoother transition from exploration into production.

Source: News