Zeta Petroleum
Limited
(
Zeta), the operator and 50 percent working interest holder
has started the drilling of the Jimbolia-1ST well re-entry on the Jimbolia
concession in Romania, according to Business Wire.
The
objective of the Jimbolia-1ST well re-entry is to evaluate the economic oil
production potential of the lower Pliocene VIII reservoir.
The drilling
operation is estimated to take about one month to complete. The Jimbolia
concession lies in the Pannonian basin and is located approximately 40 km west
of Timisoara and covers an area of 23.9 square km.
Zeta is 50
percent partner on this concession along with Armax Gaz, a private Romanian
company specialized in installing and maintaining oil and gas
equipments.