UPDATE 2-Lotos shifts more upstream with MidAmerican Energy deal
* Signs gas co-operation deal with CalEnergy
* Buys 50 pct in Lithuanian upstream firm
* Seeking projects in Norway
* Q3 net at $195 mln vs $163 mln seen in poll
* Shares up 4.9 percent
By Pawel Bernat and Maciej Onoszko
WARSAW, Oct 30 (Reuters) - Lotos shifted further into upstream business on Tuesday by agreeing to develop Baltic Sea gas deposits with a unit of Berkshire Hathaway's U.S. power MidAmerican Energy Holdings.
The deal with MidAmerican's CalEnergy Resources Poland will help the Polish refiner tap reserves estimated at up to 4 billion cubic metres, or less than a third of Poland's total annual consumption, Lotos said.
The Polish group will hold 51 percent and CalEnergy 49 percent in a company that will run seismic tests and select an exploration concept for Lotos's gas deposits B4 and B6. The co-operation could expand to other fields later, Lotos said. Continued...