OMV, Nafta to explore Slovak part of Vienna basin

Uchenna Izundu
International Editor

LONDON, Dec. 18 -- OMV AG and the Slovakian oil and gas company Nafta AS will shoot seismic over a 1,400 sq km exploration license in the Slovak part of the Vienna basin in 2008.

The program for two licenses is the beginning of a 50:50 E&P partnership in Slovakia. The companies will explore Vienna basin's geologically complex calcareous alpine units, a third of which is in Slovakia. "Initially, geological studies and seismic studies will be carried out; exploration wells are planned for the following 2 years," OMV said.

The parties say they are committed to Central and Eastern Europe as a core exploration region, and OMV executive Helmut Langanger, responsible for exploration and production, said the acreage was attractive because there is a "very high" possibility of making other discoveries.

Contact Uchenna Izundu at

Related Articles

Total, InterOil close Papua New Guinea deal

03/26/2014 InterOil and Total SA have finalized a revised sales and purchase agreement for the Elk-Antelope gas-condensate field in petroleum retention licenc...

Gorder named Valero chief executive officer


Joe Gorder, Valero Energy Corp. president and chief operating officer, has been named chief executive officer, succeeding Bill Klesse.

Double Eagle changes name, appoints chief executive officer

03/25/2014 Double Eagle Petroleum Co., Denver, has appointed Charles F. Chambers to the position of chairman and chief executive officer, effective Apr. 1. As...

MOL closes purchase of North Sea assets from Wintershall

03/25/2014 MOL Group, Budapest, has completed its transaction with Wintershall, Kassell, Germany, in which MOL acquires offshore assets with 14 licenses in th...

Careers at TOTAL

Careers at TOTAL - Videos

More than 600 job openings are now online, watch videos and learn more!


Click Here to Watch

Other Oil & Gas Industry Jobs

Search More Job Listings >>
Stay Connected