1. REPUBLIC OF BULGARIA
Ministry of Environment and Water

2. Map of Bulgaria LOCATION and AREA
Southeastern Europe, bordering the Black Sea, Turkey, Greece, Macedonia, Yugoslavia and Romania
Area :
Land: 110,912 sq km
Water : 33,000 sq km
Coastline : 354 km
Map of Bulgaria

3. Bulgaria today - Population
POPULATION, LANGUAGE and RELIGION
Population: millions (July 2001 est.)
Official language: Bulgarian
Religious affiliation:
Orthodox – 36.5%
Muslim – 13.1%
Protestant – 1.4%
Roman Catholic – 0.8%
Other (mostly nonreligious) – 47.8%
Bulgaria today - Population

4. Bulgaria Today – Economy
Stabilized Economy
GNP (US$ billion):
– 9.92 (1996)
– 13,76 (2000)
–34.9 (2002)
Promoted growth by implementing a currency board
Invigorating privatization and pursuing structural reforms
Additionally, strong assistance from international financial institutions
Bulgaria Today – Economy

5. MINERAL RESOURCES INSTITUTIONAL PREVIEW
MINISTRY OF ENVIRONMENT AND WATER
Environment – nature, soil, water, air, waste …
Geology
Subsurface
Underground Resources
NATIONAL GEOFUND
Geological Investigations
Oil & Gas Exploration & Production
National Geological Information Archive

6. Ministry of Environment and Water
Subsurface and Underground Resources Office
Permits for Prospecting and/or Exploration of Oil and Gas
Provide Information about Areas for Prospecting and/or Exploration of Oil and Gas According
to the Underground Resources Act (Since 1999)
Ministry of Environment and Water

7. NATIONAL GEOFUND MORE THAN 10 000 REPORTS
GEOLOGICAL MAPPING
GEOPHYSICAL INVESTIGATIONS
GEOCHEMICAL INVESTIGATIONS
HYDROGEOLOGY
EXPLORATION OF MINERAL DEPOSITS
…..

8. NATIONAL GEOFUND ACTIVITIES
RESEARCH for METALLIC MINERAL RESOURCES
RESEARCH for NON-METALLIC MINERAL RESOURCES
RESEARCH for OIL and GAS
REGIONAL RESEARCH and MAPPING
HYDROGEOLOGICAL and ENGINEERING GEOLOGY
RESEARCH
GEOPHYSICAL EXPLORATION
TECHNOLOGICAL RESEARCH
NATIONAL BALANCE of RESERVE and RESOURCES

9. NATIONAL GEOFUND

10. Historical Notes -Exploration and Production
The year 1936 could be regarded as the beginning of the exploration works for oil and gas in Bulgaria
During the period after 1947 and up to this day the most significant geological-geophysical and drilling onshore operations were carried out, which lead to the discovery of 9 commercial oil and gas fields
Since 1976 production has increased to a maximum of 2.4 Mbbl of oil and 6.7 BCF of gas in 1980
Historical Notes -Exploration and Production

12. The names of economic oil and gas fields

13. Historical Notes –Foreign Investment
Late in 1989 Bulgaria opened an international bidding round for the award of oil & gas exploration&production licenses on blocks both off-shore and on-shore
8 Licenses and Joint Operation Agreements were signed for
6 blocks in Bulgarian Black Sea shelf and
2 blocks onshore with several companies:
TEXACO
MAXUS
GANDALF EXPLORERS INTERNATIONAL
BRITISH GAS
ENERGY CORPORATION
OMV
ENTERPRISE OIL EXPLORATION
EDISON GAS
Historical Notes –Foreign Investment

14. Foreign Investment - Now
A-Lovech – Anschutz Bulgaria and Ramco Bulgaria
B-Golitza – Balkan Explorers (Bulgaria)
91-III Galata – Petreco SARL and Petreco Bulgaria
Kaliakra-99 – Petreco SARL
Rezovska – GX Technology EAME and RS Group
Dobrudja Coal Basin – CBM Energy
Vratza-West – Anschutz Bulgaria
Emine – GX Technology EAME
Burgas-Deep Sea – Vintage Petroleum International
Varna-Deep Sea – OMV Aktiengesellschaft
1-1 Pleven – EPOG-Pleven
1-2 Novachene – EPOG-Pleven

15. Map-blocks 2003

16. Bulgarian offshore

17. Fieldwork
Fieldwork

18. Licensing

19. The End
Thank you very much!