British company hit oil at Barchiz, Neamt county in Romania

British oil company Europa Oil and Gas announced that it hit oil at Bachiz in Neamt county, Proactiveinvestors.co.uk announced. Company representatives declared that they managed to extract oil from this area but a malfunction of an equipment lead to a contaminated a sample. Tests will be resumed shortly after the equipment will be fixed. The natural oil reserve at Barchiz is about 10 km away from Geamana oil camp which according to estimates has 50 million oil reserves. ...

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