Monday, June 09, 2008

Oil on the Costa Blanca

COULD THIS BE THE VIEW OF THE NEAR FUTURE
With property development rapidly coming to a standstill, an exploration company, has applied to the Government for permission to search for oil and gas in an area of some 100,000 hectares between Vinalopó, Albacete and Murcia, in the municipalities of Villena, Sax, Elda and Monóvar.
It’s the second large application following a request to search in the Valencia Bay by MedOil on which an answer is expected soon.
There is now a two month period during which other companies can also make their presentations and those who oppose the exploration can also present their cases.
The Invecta company is unknown, and is probably being used as front to represent one of the larger petrol companies.
So instead of a landscape of construction cranes, it could be drilling rigs.

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