Post by
Jman1076 on Nov 10, 2020 5:59pm
NIS 3rd Q
From NIS 3rd Q Report: Projects abroad The NIS Petrol s.r.l. Company, based in Romania, carries out Upstream operations in Romania for the Company (NIS j.s.c. is the sole owner of this subsidiary) in six concession blocks operated by NIS Petrol s.r.l. Q3 2020 Key events in Romania: -2 Block: There has been a continuation of the processing of 3D data collected during seismic surveys carried out in Q3 2019 from the area of the total surface of 170 km; -7&8 Block: Experimental production has been under way from two wells at the Teremia field; -12 Block: The processing started of 3D data collected during seismic surveys carried out in Q4 last year from the area of the total surface of 165 km; The Jimbolia Block: Experimental production of natural gas (two wells in operation) is ongoing, which is further used for the production of electricity in the generator.
Comment by
chicoesquela on Nov 11, 2020 8:52am
Thanks for the update jman.