EXPLORATION

ADX eyes Romanian romance

ROMANIA has produced more oil and gas than the North Sea but has been barely touched for the past 15 years, which is one reason it has been a foundation asset for ADX Energy and Zeta Petroleum, but so far the eastern European nation has not been a happy hunting ground for either.

ADX eyes Romanian romance

For various reasons Zeta has come close to collapse and ADX has struggled for years, despite the fact that Romania has everything going for it as an exploration and production destination. ADX recently...

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