100% owned and operated
Zeta Petroleum (Romania) SRL holds in excess of 6,000km2 of non-exclusive prospecting permits in the eastern Moldavian region of Romania, which is a known hydrocarbon prone area.
The prospecting permits give the Company the right to data in relation to the prospective areas and also the right, but not the obligation, to request that a prospective area is placed into a bidding round in which the Company will have the opportunity to bid for a licence over the prospective area. The Company has performed an extensive evaluation of these permits and intends to request that certain blocks of the prospecting permits are placed in the next government bidding round for exploration concessions.