Romania is an EU and NATO Member.
The National Agency for Mineral Resources is very supportive to oil and gas companies; Stratum has received approval within 90 days for most of its license transfer & term extensions.
Operating cost is one of the lowest in Europe
Stratum’s License Area has paved roads, pipelines, refineries, rigs and services.
Experienced, high-quality, local operations personnel available for hire.
Modern technical approach is starting to be applied to exploration and exploitation