Romania - EPI-3 Brates Block
Romania - EPI-3 Brates Block
The Barchiz Prospect represents Europ'a first pure oil play well
in Romania and the well, due to spud in late 2010, is targeting a
structure immediately north of and along trend from the Gemana
oilfield (50 mmbo reserves). It is a relatively shallow
target with a depth of 1,400m and potential for up to 30 mmbo gross
reserves. Several 'lookalike' leads have been
identified on-block which will be significantly upgraded if Barchiz
is a success.
A further highly prospective area in the same licence,
underneath the existing Tazlaul Mare gas condensate field, is
anticipated to be matured for drilling in 2011/12.