Oil deposit estimated at 1.5 million tonnes discovered around Pancota town

Thursday, April 5, 2012

The geological prospecting made by Universal Premium company of Bucharest recently unearthed an oil deposit around the town of Pancota (Arad County) estimated at 1.5 million tonnes, deemed as the major deposit discovered so far in the Western Plain, the representatives of the aforementioned company said on Friday. Universal Premium Fund which funded the prospecting is a company which has as investors oil companies in Romania, Belgium, the Netherlands, ...

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Energy & Environment

Thursday, April 5, 2012

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