Wedge Top Exploration In Romanian East Carpathians - Seismic Image Of Triangle Zone

Romania has an extensive experience in oil and gas exploration. Almost, entire geological units with oil and gas bearing potential are covered by 2D and 3D seismic information and thousands of wells were drilled. Rompetrol owns five exploration licenses (figure 1) on blocks: EP I - 5 Gresu, EP I- Nereju, E III Focsani, E IV -5 Satu Mare and E IV – 3 Zegujani. For Gresu and Nereju blocks Concession Agreements were signed with National Agency for Mineral Resources (NAMR) in 1997 by Anschutz Romania Corporation in 1997, company bought by 73rd EAGE Conference & Exhibition incorporating SPE EUROPEC 2011 Vienna, Austria, 23-26 May 2011 Forest Romania Corporation in 1998. In 2005, both licenses were transferred from Forest Oil Corporation to Rompetrol SA. Rompetrol SA is 100% title holder in Gresu and Nereju Blocks.