Six companies lease 17 oil deposits

Negotiations surrounding agreements for the operation of 17 oil blocks ended on Friday with the respective deposits being leased to a number of six Romanian and foreign companies, reads a statement by the National Agency for Mineral Resources. Companies having gained the right to make use of the respective deposits are US-based Amromco Energy, Elrom and Transatlantic Worldwide and the Romanian companies Expert Petroleum, Rompetrol and Transeuro Import-Export, having filed in a total number of 30 bids. The perimeters are marginal deposits that Petrom and Romgaz gave up for economic reasons, reads the statement. The perimeters to be exploited are Amara, Bradesti, Buda, Diniasi, Dobresti, Nasal, Sanmartin, Seitin, Beclean, Frumoasa, Gostilele, Horodniceni, Golesti, Arsita, Izvoru, Marsa and Vanatori. In line with work schedules set as part of the agreements reached, the winning companies will rehabilitate the leased blocks by restarting production of some old oil-derricks and by drilling some new ones and will start geological and geophysical works, as well as works meant to complete the infrastructure linked to these deposits.