Overview

Park Place Energy Corp. is an international oil and natural gas Company focused on developing coal seam methane in Bulgaria. Park Place was awarded the oil and gas rights to the Vranino 1-11 block located in the Dobroudja basin, which contains known coal reserves that represent a clean source of untapped energy. Management intends to conduct a comprehensive exploration and development program commencing in 2012. The total claim size is 98,205 acres.

Clean "Coal Gas" does not require hydraulic fracking to be produced from coal seams and coal gas has been produced in some form for over 100 years with very minimal environmental impact. Park Place Energy is committed not to inject water and chemicals into the coal seams to frack them, as is required for shale gas, but instead will produce coal bed methane by drilling horizontal laterals within the coal seams to liberate the gas and produce the gas in an environmentally benign method. In addition drilling many lateral wells from a single surface location substantially reduces the surface footprint of the gas field development. This clean home grown Bulgarian coal gas will help reduce Bulgaria's dependency on foreign energy sources and build a strong secure foundation for future economic growth.


Latest News

Park Place Energy Corp Appoints New Directors, Private Placement and Provides Update on Exploration and Development Projects

October 06, 2011 Directorship appointments Parvez Tyab, – Parvez Tyab has over 20 years’ experience as a financier and corporate executive, having … Read more »

Park Place Energy Corp. Provides Update on Bulgarian Property

Vancouver, British Columbia December 17, 2010 – Park Place Energy Corp. (“Park Place” or “the Company”) has been informed by legal counsel … Read more »

Park Place Energy Corp. Representatives in Bulgaria

Vancouver, British Columbia November 15, 2010 – Park Place Energy Corp. (“Park Place” or “the Company”) is pleased to announce that Company … Read more »

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