Oracle Energy: Production and Drilling Updates On Romanian Operations
Thursday, October 20, 2011
EUR"Oracle Energy Corp. (tsx.v:OEC) ("Oracle Energy" or the "Company") is pleased to announce that it has received updates from operator Amromco Energy LLC ("Amromco") on its Nadlac and Bordei Verde fields in Romania. These projects, which are previously producing fields are now on track to be developed. Oracle's interest in these fields has recently been increased from 6.5% to 8.78% as a result of the default of the 26% partner. "We feel this is a great opportunity to move the Company ahead ...