Expert Petroleum

Expert Petroleum is an innovative upstream O&G company that carries out full field development, redevelopment and mature assets rehabilitation.

We develop oil and gas fields on our own or in partnership, to increase the potential reserves and production of the assets by taking the financial, reservoir and operational risks against a share of the production

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May28th,2008, Bucharest, Romania

Expert Petroleum SRL in a consortium with Celtique Energie Petroleum, Ltd have signed two concessiom agreements with the ANMR ( Romanian National Agency for Mineral Ressources) to redevelop two oilfield assets in Romania called Gravita and Stoenita. The consortium plans to start field study and seismic before the end of the year in order to prepare a complete Field Development Plan in 2009

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March20th,2008, Bucharest, Romania

The National Agency for Natural Resources of Romania approved the strategic acquisition by Expert Petroleum SRL of the Arsita field concession. Arsita is located 10 Km south of the Frumoasa field already owned 100% by Expert Petroleum SRL. The reservoir similitudes and the proximity of both field, will allow Expert Petroleum SRL to develop both fields using the same production and water injection plan and therefore decreasing the Opex and Capex of the development program.

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Expert Petroleum

Zahran Plaza, 7th Circle
PO BOX 144114
Amman 11814 Jordan

Tel : + 962 65819720
Fax: + 962 65819730
Email: info@expertpetroleum.com