A contract

The Cracow-based Oil and Gas Prospecting Company (PNiG) has signed a contract for prospecting drilling in the central part of Kazakhstan for the Canadian Hurricane oil operator. "We will drill to the depth of 4,400 metres using MID Continent, which is one of the heaviest equipment in Europe with the hoisting capacity of 750 tonnes," spokeswoman for the company Agnieszka Siola said Tuesday but did not reveal the value of the contract. The oil-well will be transported by railroad on 105 platforms [wagons] to the central part of Kazakhstan. Together with the equipment we will send our specialists. The rest of the staff will be local. The Cracow-based company has been working on the Kazakhstan market for four years and has opened its local branch there. The company has also implemented contracts in India, Pakistan, Russia, Lithuania and Ukraine. It is a daughter company of the Polish Oil and Gas company (PGNiG) SA in Warsaw. It employs some 600 people.