S.N.G.N. Romgaz S.A. Extension of Concession Agreements for 12 blocks (1921R)
November 03 2021 - 2:52AM
UK Regulatory
TIDMSNGR
RNS Number : 1921R
S.N.G.N. Romgaz S.A.
03 November 2021
November 3, 2021
ANNOUNCEMENT
Societatea Nationala de Gaze Naturale "ROMGAZ" S.A. informs its
shareholders and investors on continuing the exploration of some
petroleum blocks by concluding certain Addenda to Concession
Agreements with Agentia Nationala pentru Resurse Minerale (ANRM)
(National Agency for Mineral Resources).
S.N.G.N. ROMGAZ S.A. announces that the Government Decision
No.1153 of October 22, 2021, approving certain Addenda to
Concession Agreements for 12 Development - Exploitation and
Exploitation Blocks, concluded between Agentia Nationala pentru
Resurse Minerale (ANRM) and S.N.G.N ROMGAZ S.A. Medias, previously
approved by Government Decisions No. 2390/2004 and 1597/2004, was
published in the Official Gazette, Part I, No. 1040 of November 1,
2021.
S.N.G.N. ROMGAZ S.A. Medias, as titleholder of the petroleum
agreements for these blocks, has performed petroleum operations
that highlighted new hydrocarbon reserves, thus requesting the
exploitation period extension by 6 years, for the period of
December 2021 - December 2027, respectively.
Chief Executive Officer,
Aristotel Marius JUDE
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