NZOG eyes oil and gas exploration in Romania

New Zealand Oil and Gas is eyeing opportunities in Romania ahead of the expected release of 25,000sq km of oil and gas exploration acreage there this year. NZOG told shareholders in an activities report that Romania, in eastern Europe, was just associated with Transylvania and its infamous inhabitant Count Dracula.It was one of the first oil producing countries in the world and a major oil and gas producer throughout much of the 20th century, with peak production in 1976. When the Romanian ...

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