Annual Report 2011


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Grupa LOTOS S.A. - Integrated Annual Report 2011
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Exploration and production
(Upstream business)

Further development of the exploration and production segment is the priority of the Company's 2011-2015 strategy.

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LOTOS Petrobaltic implements the best solutions with respect to environmental protection, supporting the biodiversity of the Baltic Sea.

In 2011, the acquisition of full control over the Lithuanian production company AB Geonafta was finalised.

In Norway, the completion of development and launch of production from the YME field is planned in 2012.