adx awarded exploration block in romania, page-2

From the Deloitte site posted by Pocko, Post #: 5496431

In part:

"The blocks offered in the west of Romania fall within the PannonianBasin which has a long history of petroleum exploration with over 500 fields being discovered and production primarily from the Middle Miocene reservoirs.

In Romania, more than 70 oil and gas fields have been discovered in this area, mainly from the Miocene and Pliocene sandstone reservoirs. The largest oil field in the area is the Suplacu de Barcau, with approximately 144 mmbbls of oil."

Not a bad coupe for management to get a prize area in Romania awarded to ADX IMO.