MONTENEGRO (FORMERLY YUGOSLAVIA)
- Crescent Petroleum in joint venture with Jugopetrol Kotor, obtained exploration rights for Block 1 in the Adriatic Basin of 3830 sq kms. 1973 through 1990.
- Exploration work included 4,200 kms seismic acquisition, processing, interpretation and drilling of 4 exploration wells.
- Good potential drilling prospects identified, but due to political turmoil Concession was returned.