Petrom breaks dry spell

Petrom reports that the Delta 4 well in the Black Sea is its first successful offshore exploration in eight years.

Offshore staff

BUCHAREST, Romania Petrom reports that the Delta 4 well in the Black Sea is its first successful offshore exploration in eight years. The well was a result of the 2005 3D seismic offshore campaign.

The well was drilled in the exploration block Histria XVIII and tested at a flow rate of 357 tons (2,678 b/d) of oil and 35,000 cm/d (1.2 MMcf/d) of gas. The well is expected to come on production in 2009 contributing to a total Romania production target of 210,000 boe/d in by 2010.

9/6/2007

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