Romanian Oil Co Petrom Discovers Oil, Gas In Russia

Romanian oil company Petrom (SNP.RO) discovered gas and oil at its exploration well Lugovaya-1 in the Kamenski license in Saratov, Russia, the company said in a statement sent to the Bucharest Stock Exchange Monday.Also, the production registered in the first three layers of the exploration well totals 6,500 barrels of oil equivalent per day (boeday).The 3,800-meters Lugovaya well delivers over 2,500 bpd of crude oil, 550,000 cubic metersday of gas and 75 cubic metersday of ...

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