OMV Petrom, Repsol to jointly explore deep onshore blocks

OMV Petrom and Repsol are signing today a farm-out agreement under which Repsol acquires a 49-percent working interest for the area deeper than 2,500 - 3,000 m of onshore exploration blocks located south of the Southern and Eastern Carpathians.OMV Petrom reports in a press release issued on Friday that it is about that Baicoi V, Targoviste VI, Pitesti XII and Targu Jiu XIII blocks'One of the major objectives of our strategy is to unlock the deep onshore ...

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