Melrose unveils plans for Romania blocks
Thursday, April 1, 2010
Melrose Resources has upgraded reserves at the Ana and Doina gas discoveries in the Romanian sector of the Black Sea to 345 bcf. Under the terms of a farm-in agreement last year with Calgary-based Sterling Resources, Melrose is to become operator of the two gas field developments, located in the Pelican XIII and Midia XV offshore blocks. The company has re-processed and interpreted the close-spaced 2D seismic acquired over the Ana and Doina trend in 2008, and re-analyzed existing ...