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The new ADX Romania Parta block, with an area of 1221 sqkm, is a...

  1. 572 Posts.
    The new ADX Romania Parta block, with an area of 1221 sqkm, is a long way from the South Craiova block (for which ADX paid $1M) and on the other side of the Carpathinian Mountains.

    It is not as described by GO "Interestingly the 'new' block is not that far from the South Craiova block ADX 'agreed' to take a stake in a few years ago, before walking away"

    Map:

    http://www.rigzone.com/news/image_detail.asp?img_id=3007&a_id=65619

    further details at:

    http://www.kairikienergy.com/system/application/assets/documents/20071126_Romania_Tunisia_Agreements1.pdf

    The new ADX block is on the left of the map on page 1 of the pdf doc(the western pointy bit) as shown in the ASX release yesterday.

    GO! Why don't you DYOR?

 
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