Exploration and Production in Romania

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About Romania

Romania has a 175 year history of hydrocarbon production and continues to be an attractive region today.

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Exploration

Stratum’s block is in the Moinesti region, a sweet spot in the prolific Eastern Carpathian mountains
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Production

Production is focused in the Poduri field with other similar prospects anticipated in the next few years.

Latest News and Updates

Stratum makes an oil discovery in the Poduri gas-condensate field.

April 2016

Stratum restarts development drilling campaign in the Poduri gas-condensate field.

January 2016

Stratum completes $54 million debt financing in London, UK.

December 2015