Romania

Operating company:
Panfora Oil and Gas S.r.l.
Headquarters: Bucharest
Number of employees: ~5

MOL Group’s focus is on exploration of conventional hydrocarbon potential and currently have interests in three licences, 30% in EX-1 and 20% in EX-5 in partnership with Sand Hill PR, and 100% in EX-6 as operator. In 2018 one well on the non-operated licence EX-5 was drilled, however no commercial hydrocarbons were found. To further understand the geological model, currently 3D seismic acquisition is ongoing on the non-operated EX-1 licence.

 

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