14/12/2012 16:56:00

MOL: Romania Approves Concession Deal for Curtici Block

BUDAPEST--Romania Wednesday approved the concession agreement for a potential oil and gas block in Romania's Curtici, or EX-6 Block, where MOL can now commence conventional exploration operations, Hungarian oil and gas firm MOL Nyrt (MOL.BU) said in a stock exchange filing Friday.

MAIN FACTS:

- MOL said it's "very optimistic" about continuing its exploration success ratio reached in the Pannonian basin region of Central and Eastern Europe.

- The exploration phase consists of two sub-periods, three years each, the second one optional. Operations are expected to start immediately, MOL said.

- MOL and its partner Expert Petroleum won exploration rights for three blocks in 2010.

- MOL closed trading flat at 17,050 forints ($78.7) Friday.

-Write to the Budapest Bureau at budapest@dowjones.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires

(END) Dow Jones Newswires

December 14, 2012 11:56 ET (16:56 GMT)

Copyright (c) 2012 Dow Jones & Company, Inc.

Post comment

Related debate

  • 1 week
  • 1 month
  • 1 Year
27 Aug
I:SP500
Indlægget her er kraftigt inspireret af overlaar@ (filter) og alpe med flere, kort og godt alle dem ..
46
29 Aug
 
Har man en halv times tid denne weekend kan den med fordel bruges på to ting: Dels på investeringsdi..
28
27 Aug
 
2.000.000 til 5.000.000 kr.
21
01 Sep
7-ST.L-24-GB
Søde venner. Mon Ami's!   I svære tider skal sjælen sankes, sårene slikkes og ego'et poleres af. Det..
20
30 Aug
OMXC20
20
28 Aug
OMXC20CAP
Så sluttede fredagen og igen tog jeg fejl.I tirsdags var jeg helt sikker på at frygten ville tage ti..
20
27 Aug
 
fra 1.000.000 til 2.000.000 kr.
19
27 Aug
 
fra 100.000 til 250.000 kr.
17
27 Aug
 
fra 250.000 til 500.000 kr.
14
27 Aug
 
Synes der er så stille fra Morten Langer, Markettimer mflere som i alle deres grafer kan se den stor..
13

Form 8.3 - Royal Dutch Shell plc

01/09/2015 14:43:15
FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE ..

Statement re Notification of Major Interest in Shares

01/09/2015 13:47:10
For filings with the FCA include the annex   For filings with is..

Mothercare Plc : Total voting rights

01/09/2015 10:32:06
1 September 2015 Mothercare plc - Voting Rights and Share Capital In conformity with the Transparency Directive's ongoing disclosure provisions for i..

Most read news

  • 24 hours
  • 48 hours
  • 1 week
1
ACS recognizes Eastman innovation with Heroes of Chemistry award
2
Vestas receives 70 MW order in Uruguay
3
Novavax to Participate in Multiple Investor Conferences in September
4
Polarcus presents at the Pareto Securities' Oil & Offshore Conference
5
Aker Philadelphia Shipyard: Transaction with Kinder Morgan Approved at Philly Tankers Extraordinary General Meeting

Buy and sell signals

  • Trend
  • Moneymachine

Copyright Euroinvestor A/S 2015   Disclaimer and Terms of Use
Quote information is delivered by Interactive Data.
Data is delayed 15-20 minutes according to the distribution agreements set by the different exchanges.
 
03 September 2015 07:45:16
(UTC) Dublin, Edinburgh, Lisbon, London
Version: LiveBranchBuild_20150824.1 - EUROWEB4 - 2015-09-03 08:45:16 - 2015-09-03 07:45:16 - 1000 - Website: OKAY