Drilling will reach a depth of 2,385 meters and the work is estimated to last for 50 days, Dafora said in a statement Tuesday.

Dafora operates in the drilling and constructions sectors. The company’s main shareholder is Gheorghe Calburean, with a 48.58% stake.

At around 10:45 hours, Dafora’s shares traded up 1.53% at RON0.0865 in Bucharest, amid a rising market.

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