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Romania Shale Map

Romania Shale News

ExxonMobil to Sell Romanian Portfolio to Romgaz for Over $1.0 Billion

Premium content ExxonMobil to Sell Romanian Portfolio to Romgaz for Over $1.0 Billion

ExxonMobil has reached an agreement to sell its Romanian upstream affiliate, ExxonMobil Exploration and Production Romania, to Romgaz for more than $1 billion, subject to Romanian government approvals.…

East West, Partner Wrap Up Drilling at Latest Romanian Well

East West, Partner Wrap Up Drilling at Latest Romanian Well

East West has been informed by our JV Partner, NIS, that drilling of the first well in EX-7 Periam block, in the Pannonian Basin of Western Romania has…

East West Petroleum Begins Romanian Drilling

East West Petroleum Begins Romanian Drilling

Drilling of the first well in EX-7 Periam block, in the Pannonian Basin of Western Romania

Romgaz Hits Pay at Muntenia Nord-Est Well in Romania

Romgaz Hits Pay at Muntenia Nord-Est Well in Romania

The discovery is located in the north eastern part of the Moesian Platform in Caragele structure.

East West Petroleum Plans 3D Seismic Program in NZ

East West Petroleum Plans 3D Seismic Program in NZ

3D seismic survey over the PEP 54879 (Cheal-G, 50% East West) license to locate and identify potential prospects for future drilling locations.

Chevron Halts Shale Gas Ops in Romania After Protests

Chevron Halts Shale Gas Ops in Romania After Protests

According to estimates by the US Energy Information Administration, Romania may potentially hold 51 trillion cubic feet of shale gas.

Expert Petroleum Establishes Debt Facility

Expert Petroleum Establishes Debt Facility

The debt facility was principally established to finance part of Expert Petroleum's capital expenditures.

East West Eyes Romanian Tria Prospect; Plans Seismic Program

East West Eyes Romanian Tria Prospect; Plans Seismic Program

To date, a total of seven oil and gas fields have been discovered within the Tria perimeter area, demonstrating the presence of a working petroleum system.