The Focsani perimeter was leased by the company in 2005.

Rompetrol general manager Zhanat Tussupbekov said in a statement Tuesday the investment is a new step in the group’s development strategy.

The company has in commission 5 exploration perimeters – Satu Mare, Zegujani, Gresu, Nereju and Focsani.

Rompetrol is owned by Kazakh state-owned oil company KazMunayGas.