Gazprom, East West Petroleum secure Gov't approval for three oil agreements in western Romania

The Government approved three oil exploration, development and exploitation agreements signed by the National Agency for Mineral Resources (ANRM), as grantor, and East West Petroleum Corp ., as grantee, following a bid round held in 2010. Meanwhile, Gazprom Neft, through its Serbian division NIS, bought from Canada's East West Petroleum an 85% interest in each of the three blocks located in western Romania and called Baile Felix (EX - ...

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