From Anl Report - Hopefully more good news will come on Q2.Page 52 Anl Report) Exploration and Production Most of the investments planned by NIS by 2025 will be allocated for the exploration and production segment. In the upcoming period, NIS expects a slight decline in base oil and gas production compared to previous year, but it will be compensated by the development of the existing reservoirs, geological exploration in Ser- bia, further development of the most profitable for- eign concessions (primarily in Romania), as well as a steady operational efficiency increase. Also from PAGE 72 ANL Report: Key Events in Romania: EX-7 and EX-8 blocks: In 2019: 2 wells, namely Beba Veche Sud 1000 and Te- remia 1001, were drilled in the -7 block; extended well testing of Teremia 1001 was completed; Pesac Sud 1000 well was drilled in the -8 block; test production began in the Teremia 1001 well; drilling of the Teremia 1002 well commenced in the -8 block and put into operation on 31st December; the production system for the preparation and shipment of oil in the Teremia field was put into operation. -2 block. In Q3 this year, field 3D surveying op- erations were completed on 170 km2 in the EX-2 block.