The Discovery Companies

Always searching for a better way (since 1980)

The Discovery family of companies is developing profitable oil and gas operations in Eastern Europe. The highly experienced team is committed and enthusiastic about the huge potential for this region, and to a long-term dedication of time and talents to making it more self sufficient in the energy sector.
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Discovery Polska, LLC (“DP”) is a privately-held exploration and production company primarily focused on the oil and gas rich Carpathian thrust belt of Poland, Slovakia, Romania and the Czech Republic. It manages oil and gas exploration projects through subsidiaries, utilizing its strong management team of proven industry professionals, a well-connected and supportive Board, and a knowledgeable, motivated and enthusiastic technical team.

Launching from previous work for other companies in the area, the group has worked diligently and tenaciously together since 2010, building relationships and working toward acquisitions and partnerships in some of the most prospective conventional areas. DP now controls 3,288.5 sq km (812,606 acres) on five licenses in Slovakia and Poland, with additional acquisitions and partnerships underway.
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Discovery GeoServices Corporation (“DGSC”) is a highly experienced oil and gas consulting firm founded in 1980. Through its president, Michael (“Mike”) Lewis, the company has played a principle role in several major discoveries and developments, most notably the initiation of the Middle Bakken Play in Montana with Lyco Energy Corporation in 1999.

DGSC provides geological services like prospect generation, evaluation, selection and support, but also has a long history with project management and oil and gas field operations…both conventional and unconventional. Through its sister-company relationships, it is also in position to consider participation in projects.

As part of its “give-back” approach, DGSC provides workshops, seminars and conferences in cooperation with DP, to develop university students into productive members of the oil and gas community, and to interface with and train other professionals to stay abreast and involved in the latest technological improvements.
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A brief bit of history...

The modern oil and gas industry actually began in the Carpathians, with the first well in the world in 1854, followed by the first refinery in 1857. However, the history of oil in the Polish Carpathians actually started at the 15th century. Polish knight and king’s writer Jan Dżugosz describes Erazm Syxt (1617), Wojciech Tylkowski (1695), Gabriel Rączyński (1721), Krzysztof Kluk (1781), and Stanisław Radowski (1783) as scientists in Poland who did work on the implementation of oil for the pharmacy industry. The first Petroleum Geology lectures were held by Professor Józef Ignacy Martinovics (1755-1795) in Lwów City (then southeastern Poland, now Ukraine). The research of Ludwik Zejszner, Alojzy Alth and Roman Gostkowski in the early 19th Century gave Ignacy Łukasiewicz the ideas that he ultimately used for the first distillation of oil near Krosno, Poland.

The Carpathians of Poland was one of the most productive oil and gas areas in the world, drilled with cable tool and primitive rotary equipment, until WW1, when German and Soviet occupation all but halted exploration. Although the occupations ended in 1989, only in the last few years have the government and contractors, due in part to pressure from the shale gas players, worked out how to cooperate with western companies.

Although the Carpathians area was booming until WW1 (1914), modern exploration and development techniques have been applied in only a very small number of areas. Easily as oil and gas rich, this is akin to all exploration and development activities in East Texas ceasing in 1914. Imagine the remaining potential! Carpathian fields in southern Poland, Slovakia, southeastern Czech Republic, western Ukraine, Romania and Austria had produced 6.8 billion BO (984 million m3 of oil) and 53.7 BCFG (1,522 billion m3 of natural gas) by 2010. Almost all of that was discovered prior toWW1, or in the few intervening years between WW1 and WW2. The JV Area is often cited as one of the most prospective, mature and yet under-explored geological provinces in the world.

Because members of the Discovery team have been working this area since 2007, Discovery is in a prime position to select the most lucrative projects, and to achieve the best governmental cooperation and support. Since the government owns all oil and gas rights, handles all concession awards and regulates all operations, those relationships are critical to success.

Although Europe has generally higher costs (by 40% or more), Discovery is working diligently to improve efficiencies, lower costs and develop highly profitable oil and gas production opportunities. Poland and Slovakia import about 95% of their oil needs, and 65% to 90%, respectively, of their gas needs. Brent oil pricing (see widget above) and a gas price 3X that of the U.S., with a population eager and motivated to be free from Russian supply controls, only serves to improve an already promising market situation.