Petrom Negotiates 3-Year Extension On Romanian Exploration Permits

08.17.2011 By Roxana Petrescu

OMV Petrom (SNP.RO), Romania’s leading oil and gas producer, will find out in less than a month whether it can still prospect for resources on 10 blocks, as negotiations with Romanian authorities progress over a three-year extension of the lease.

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Keywords:: PETROM; , EXPLORATION; , LEASE; , NEGOTIATIONS

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