Romania

Zeta Petroleum Ltd., London, has spud the Jimbolia-1ST reentry on the Jimbolia concession in the Pannonian basin in Romania 40 km west of Timisoara on the border with Serbia.

Nov 9th, 2010

By OGJ editors
HOUSTON, Nov. 9
– Zeta Petroleum Ltd., London, has spud the Jimbolia-1ST reentry on the Jimbolia concession in the Pannonian basin in Romania 40 km west of Timisoara on the border with Serbia.

The well’s objective is to evaluate the economic oil production potential of the Lower Pliocene VIII reservoir on the 23.9 sq km concession.

Zeta’s 50% partner on the concession is Armax Gaz SA, a private Romanian company that designs, manufactures, installs, commissions, and maintains oil and gas equipment and provides spare parts.

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