On 8 October 2018 the National Agency of Natural Resources (AKBN) opened a tender call for the Block 5 onshore exploration permit. Interested companies are invited to submit their bid within 30 days from the announcement, i.e. before 7 November 2018. Awards under production-sharing terms will be for an initial period of up to five years, extendable to seven.  Block 5 covers some 2,100 sq km in southwestern Albania, in the Vlore and Gjirokaster provinces. Past exploration in the block includes 192 km of 2D seismic acquired by OMW in the 2000âs. 15 Unsuccessful exploratory well have been drilled in the block before 1990 (two with oil and/or gas shows). OMW drilled one well in 2004 (Kanina 1) to a TD of 5,362 m and encountered oil and gas shows. The block was already offered by AKBN on two occasions in 2015 and 2016 with no bid received.  Bids have to be filed with:  National Agency of Natural Resources  Bul. Bajram Curri, No. 18, Blloku Vasil Shanto  Tirana, Albania  Attention to: Adrian Bylyku, Executive Director  www.akbn.gov.al  The official announcement is available here.
On 8 October 2018 the National Agency of Natural Resources (AKBN) opened a tender call for the Block 5 onshore exploration permit. Interested companies are invited to submit their bid within 30 days from the announcement, i.e. before 7 November 2018. Awards under production-sharing terms will be for an initial period of up to five years, extendable to seven. Block 5 covers some 2,100 sq km in southwestern Albania, in the Vlore and Gjirokaster provinces.