The five new wells contributed significantly to the increase of the domestic gas production in the first quarter of this year which reached more than 93,000 barrels of oil equivalent/day, Petrom said in a news release.

Company official Johann Pleininger said the company has invested more EUR4 billion in exploitation and production, and it plans to maintain this level of investment in the future.

OMV Petrom is owned by Austrian oil and gas group OMV.