January 25th 2010 Budapest (Hungary) / Targu Mures (Romania)
MOL Hungarian Oil and Gas Plc (MOL), one of the leading integrated oil and gas companies in Central Europe and Expert Petroleum SRL (Expert), Romanian oil and gas company dealing with rehabilitation of mature oil and gas fields, have today signed an agreement
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December 18th 2009 Moneisti, Romania
Expert Petroleum SRL, Romania is pleased to announce that as part of its program of mature oilfield rehabilitation in the Moneisti area,
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November 7th 2009 Targu Mures, Romania
Expert Petroleum Announces Growth Capital Investment from Lime Rock Partners.
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July 25th, 2009 Bucharest, Romania
Expert Petroleum has acquired 87.5% interest and operatorship of the Padureni field from Zeta Petroleum. This is an ex-Romgaz gaz field discovered in 1984 and put on production between 1991 and 1994. The Padureni field is a four-way dip closed anticline within the Sarmatian reservoir sequence of the Miocene.
The field is located 10km from our HQ in Targu Mures. It has limited Recoverable reserves but the upside are high as recently made available seismic clearly shows some potential by-pass and deeper zones and there is fully operational gaz production surface facilities available next to the field (1km) and a low pressure collection pipeline (6 bars) going through the field.
more news here
