Petrol Geo d.o.o.
The company is engaged in mining drilling and repairing of gas, oil and geothermal wells, with the production of natural gas and oil, the production of heat from geothermal wells and the management and development of district heating systems based on geothermal resources.
Activities of the company
Petrol Geo d.o.o. was established in July 2018. In October 2018, mining services consisting of the drilling and maintenance of gas and oil boreholes, including the extraction of natural gas and oil, were transferred from Petrol Geoterm d.o.o. to Petrol Geo d.o.o. In December 2018, Petrol Geoterm d.o.o. was merged into Petrol d.d., Ljubljana (production of heat from geothermal boreholes; management and development of district heating systems based on geothermal boreholes). In 2019 the company generated EUR 1.6 million in sales revenue, its operating profit or loss amounting to EUR -64.1 thousand and its net profit or loss for the year to EUR -156.2 thousand.
The company’s equity totalled EUR 1.5 million as at 31 December 2019.