Romania

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

MOL Group’s focus is on exploration of conventional hydrocarbon potential and currently has 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 EX-5 licence was drilled, however no commercial hydrocarbons were found. A 3D seismic acquisition was carried out on EX-1 in 2019 to further understand the geological model. The first exploration well drilled in the licence found no hydrocarbons in 2020. Currently efforts are ongoing to deliver the remaining committed work program on all three licenses.

For details of other E&P operations, please click on the highlighted countries below: