Shares in the Polish oil giant Petroinvest rose as much as 51.2 percent on Warsaw’s stock market over the last week, making it the best investment over that period. This means, the company’s WSE trades reached PLN 17.8m, making it the eighth most liquid business for that week. The company was driven up by news coming from Kazahstan that Petroinvest’s oil production there could reach 993m barrels per year. The latest estimates have significantly surpassed those provided by McDaniel & Associates Consultants before work on the extraction begun. The new estimates will have to be confirmed by new studies to take place next year.
