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Romania's National Agency for Mineral Resources (NAMR) has kicked off the first in a series of presentations of details of 15 blocks offered for exploration in the country's first licensing round.
Bids are required by Oct. 31 with a view to negotiations between NAMR and shortlisted bidders taking place in January-April 1997 and signing of com tracts by the end of May 1997 (OGJ, Apr. 15, Newsletter).
Marketing of data packages and presentations to potential bidders are handled by Geoquest Reservoir Technologies Ltd., Henley-on-Thames, U.K.
Fifteen blocks are offered, all onshore except one that covers onshore and Black Sea acreage. NAMR said the blocks offer …