NEPTUN DEEP PROJECT - Historical decision for Romania’s energy security and independence

S.N.G.N. ROMGAZ S.A. (Romgaz) through its subsidiary, ROMGAZ BLACK SEA LIMITED, together with OMV Petrom SA (OMV Petrom), will transmit for endorsement to the National Agency for Mineral Resources the Development Plan for two commercial fields in Neptun Deep block. ROMGAZ BLACK SEA LIMITED holds a participating interest of 50% in the Deep Water Zone of XIX Neptun offshore block, the other 50% participating interest is held by OMV Petrom, also the operator of Neptun Deep project.

For more details and the statement of ROMGAZ CEO, Mr. Răzvan POPESCU, please see the press release below.