Zeta Petroleum has signed a data sharing agreement between Chevron Romania Exploration and Production SRL ('Chevron'), a subsidiary of Chevron Corporation and Zeta Petroleum (Romania) SRL and Raffles Energy SRL ('Raffles'). The agreement covers the exchange of well data and similar information relating to the 2,403 sq km Suceava gas concession in Romania (50% Zeta; 50% Raffles), and the adjoining 6,284 sq km Chevron-operated Barlad concession. Raffles is the operator of the Suceava concession upon which the producing Climauti gas field is located.

The agreement gives the relevant parties access to certain data on each concession including historic well and seismic data; the exchange of such data has the approval of the regulator, the National Agency for Minerals and Resources. The Suceava concession lies contiguous to the north west of the Barlad concession.

Tags: ZETA Petroleum