Stream Oil & Gas Ltd ("Stream") is a Canadian based emerging oil & gas production, development, and exploration company.
Stream is currently focused on the re-activation and re-development of its currently producing Albanian projects: three on-shore heavy oil fields, Cakran-Mollaj, Ballsh-Hekal and Gorisht-Kocul and one onshore producing gas field, Delvina.
Under petroleum agreements with Albpetrol SH.A, the Albanian state exploration and production company and 25-year license agreements with Albania's National Petroleum Agency (AKBN), Stream has the right to takeover all wells in the four fields, and is entitled to a share of current baseline production and 100% of all incremental production.
Stream, led by a technically experienced management team, is implementing modern and enhanced recovery techniques for carbonate reservoirs.
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