Geological and seismic surveys in the perimeter have highlighted several potential areas that could contain sizeable reserves of crude oil and gas, Rompetrol said.
The company estimated geological prospecting and data reading would be completed in the first quarter of 2012.
“We are certain the geological prospecting will confirm our predictions,” said Gheorghe Georgescu, general manager of Rompetrol SA, part of Rompetrol Group’s Upstream division.