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Raffles Energy SRL announces New Gas Discovery in EIV-1 Suceava Concession, Romania

Raffles Energy SRL, a wholly owned subsidiary of the UK-based Raffles Energy Group, has announced that a new gas discovery has been made recently in the Exploration Area of EIV-1 Suceava Concession (Raffles 50% and operator, PXOG Massey Limited 50%) in North Eastern Romania, energynomics.ro reads. The Bainet-1 well, targeting an exploration prospect analogue to the Bilca gas field, was drilled to a total depth of ca 600m. The conventional natural gas ...

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