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“Romania's Romgaz completes takeover of Exxon Mobil's stake in Neptun Deep”

Ocean Endeavor drilling rig used in the 2nd drilling campaign in Neptun Deep offshore.

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Romgaz argues for speeding up production stage of Neptun Deep project
Romgaz will seek ways to speed up the Neptun Deep.
OMV estimates Neptun Deep will require less than EUR 4 bln in production phase
Offshore Law comes into force, it will take between 9 and 12 months to make a final investment decision.
Romania's Romgaz borrows 325 mln euro to partly finance takeover of Exxon stake in Neptun Deep
Romgaz said it has signed a 325 million euro loan agreement with Raiffeisen Bank.
Romgaz takeover of Exxon stake in Neptun Deep to be completed in Q2
Romgaz approved the sale-purchase contract of all the shares issued by ExxonMobil.