1. Great team work

2. Exploration & Production
History of Upstream E&P
Early 1970’s operated as international company of the state own oil and gas company, Rompetrol (Iraq 1974).
1980 started operations as ROMPETROL of LIBYA by signing an EPSA with NOC LIBYA for Block NC 115 within the Murzuk Basin.
1984 World class achievements: the discovery of giant oilfields in Libya, Murzuk Basin (>100 MM bbl).
2001 Rompetrol acquired 100% interest in Block 11, Oriente Basin, Ecuador, through the purchase of Lumbaqui Oil Ltd.
2004 Rompetrol started exploration of Zegujani and Satu Mare blocks.
2005 Rompetrol acquired the exploration licenses for East Carpathians blocks by transfer from Forest Oil USA.
2006 Rompetrol won by Bidding procedure the production license on Gas Field Golesti.

3. E&P in Romania 40% 100% 65% Joint Operating Agreement Satu Mare Block
Focsani, Gresu Nereju, Blocks
100%
Zegujani Block
65%
Joint Operating Agreement

4. E&P International Experience
Russia
Komy: Chedtinskoye
West Siberia: Khanty-Mansisk
Lebyazhye
Gubkinskoye
Saratov Khlebnovskoye, Emelyanovskoye
Astrakhan Astrakhan
Tatarsthan Elgyskoye, Stepnoozerskoye
Kazakhstan
Koza, Karagan, Kemerkol, Liman Block
Karamandybas
East Mortuk
Komsomolskoye
Ravninoye
Tolkin, Tortay, Borankol
Tasbulat, Aktas, Turkmenoi
Sinelnikovskoye

5. E & P Capabilities: Human Resources
Specialists
No of Employees
Senior Exploration Geophysicist 1
Exploration Geologist
Geophysicist – log Analyst
Senior Geologist– Field Production
Senior Reservoir Engineer
Production & Workover Engineer
Consultant Specialists (expert)
Risk/Economic Analyst 2
Support (Data Base, QHSE, administrative)
Management Upstream Business Development
TOTAL 12
Exploration
Risk
Appraisal &
Development Plans
History Production
Performance Analysis
Decline curve performance
Drive mechanism
2D, 3D
Seismic
interpretation
Reservoir
Modeling
Structural,
Petrography
Stratigrapy
Facies
Physical
Reserves
Evaluation
Production Options
Economic Analysis
E & P

6. E&P capabilities: Hardware & Software
Petrel licenses seismic interpretation, 1 for reservoir modeling.
OFM Software -1 license
PipeSim Software -1 license the production license on Gas Field Golesti.
LANDMARK – Georgraphix
1 license for seismic interpretation, reservoir modelling and log interpretation

7. E&P Data Base Regions: Russia, Kazakhstan & other C.I.S. Topics: Maps
General Data
Reserves & Production
Balancies
Fields & Wells
Library – Books & Magazines
Legend:

8. Assets overview: Zegujani Exploration Blockms S N
Aquitanian - Oligocene
Deeper Triassic prospect
Lupsa prospect

9. Assets overview: Satu Mare Exploration Block
80 WELLS poor investigated
Logs: PS, deep and shallow resistivity (except 4– PGAC)
Cores
Production test
214 SEISMIC LINES
16 vintages acquired and processed with different parameters
Seismic lines
Legend

10. Assets overview: Satu Mare – Top Badenian Structural Map

11. Assets overview: Gresu, Nereju, Focsani

12. Assets overview: Gresu & Neregu Blocks Casin Bisoca Fault

13. Upstream E&P Strategy
The E&P Department supports The Rompetrol Group (TRG) strategy to become an integrated oil company by identifying exploration assets both in Romania and overseas.
Evaluate and bid for valuable exploration/production assets in Romania offered by the National Agency of Mineral Resources (NAMR).
Expand onshore activity in North Africa, Middle East, Black Sea and Caspian regions.