Petroceltic to pursue gas offshore Romania


Petroceltic has started preparation for a multi-well exploration campaign in the Romanian sector of the Black Sea.

The company gained operatorship of Est Cobalcescu (block EX-28) and Muridava (block EX-27) following its acquisition of Melrose Resources. Est Cobalcescu contains the Cobalcescu South prospect.

Petroceltic has acquired and processed 1,930 sq km (745 sq mi) of 3D seismic. Structural, stratigraphic, and attribute interpretation of the dataset has revealed mainly biogenic gas prospects, with some potential oil structures.

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Petroceltic to pursue gas offshore Romania

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