Mazarine Energy Romania S.R.L., a fully owned subsidiary of Mazarine Energy B.V. (Mazarine Energy) reached an agreement to aquire licenses for 9 onshore oil and gas fields in Romania from OMV Petrom S.A. (OMV Petrom) .
Mazarine Energy Romania S.R.L., a fully owned subsidiary of Mazarine Energy B.V. (Mazarine Energy) reached an agreement to aquire licenses for 9 onshore oil and gas fields in Romania from OMV Petrom S.A. (OMV Petrom) .
The new 9 fields to be transferred are located in the Moldova area. They have a total oil and gas production of around 1,000 boe/day. Mazarine Energy has identified synergies with existing operations together with upside potential to further extend the fields life.
Edward van Kersbergen, Founder and CEO of Mazarine Energy, said: “After successful completion of the first round, this is a logical next step, in line with our strategy to grow Mazarine Energy’s operations in Romania. We look forward to expanding our business and creating value through additional development of these fields.”