Romania: Pannonian basin exploratory work nears

GazpromNeft-controlled Nafta Industrija Srbije is close to starting an exploration program on four concessions that total 1 million acres in the Pannonian basin in western Romania, said East West Petroleum Corp., Vancouver, BC.

NIS will carry East West in a seismic and 12-well drilling program on the EX-2 Tria, EX-3 Baile Felix, EX-7 Periam, and EX-8 Biled blocks. Romania’s state Petrom previously controlled the spread but had not explored actively for 2 decades.