The government issues permits to prospect for oil in Aragon, Navarra and Castilla y León

April 29, 2013 Comments Off


The Council of Ministers has approved two royal decrees to grant two separate hydrocarbons research permits called 'Achilles', comprising the areas of Zaragoza and Navarra, and 'Cronos', affecting Soria and Guadalajara.

Both permits have been granted, request, the company Border Energy Corporation. The hydrocarbons research permit is a concession to explore, exclusively, a given area for hydrocarbons, but does not remove the need for, prior to the execution of the prospecting, administrative authorization.

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