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Investment News in Romania

Reabold Resources Increases Investment in Danube Petroleum
12/2/2019 - Reabold, the AIM investing company which focuses on investments in pre-cash flow upstream oil and gas projects, is pleased to announce that it has fully exercised its option to increase its investment...
Black Sea Oil & Gas Moves Forward with the Midia Gas Development Project
2/7/2019 - Black Sea Oil & Gas SRL (BSOG) together with its co-venture partners, Petro Ventures Resources SRL (“Petro Ventures”) and Gas Plus International B.V. (“Gas Plus”) are pleased to announce that they hav...
Austria's OMV Postpones Decision on Black Sea Offshore Investment
10/24/2018 - Austria’s energy group OMV has postponed an investment decision on its Black Sea exploration project until next year because the Romanian government took too long to set the framework conditions, its ...
ADX Finalises $2m Investment in Parta Appraisal Program
3/28/2018 - ADX Energy Ltd has finalised the agreement announced on the 4th of December 2017 with Reabold Resources Plc (Reabold) to invest US$2 million in the recently incorporated Danube Petroleum Limited (Danu...
ADX Secures US$2 Million Investment to Commence Romanian Appraisal Program
12/4/2017 - ADX Energy has signed an agreement with Reabold Resources to invest US$2 million in the recently incorporated Danube Petroleum, currently a wholly-owned ADX subsidiary, which (upon completion of trans...
Prospex Oil & Gas Preparing to Drill Bainet-1 Well
9/25/2017 - Prospex Oil and Gas Plc, the AIM quoted investment company, is pleased to provide an update on its investment in the Exploration Area of the EIV-1 Suceava Concession (the 'Concession' or 'Suceava'), w...

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