Bloomberg News

Sterling Resources Interested in Romanian Shale-Gas Blocks

October 27, 2011

Oct. 27 (Bloomberg) -- Sterling Resources Ltd. is interested in exploring shale-gas blocks in the southern Romanian region of Oltenia, said Alexandru Patruti, head of the Bucharest-based Mineral Resources Agency.

Chevron Corp already received licenses to start exploration of shale-gas in three blocks from the south-eastern region of Dobrogea, while Mol Hungarian Oil and Gas Plc may also be interested in searching for unconventional gas in the Balkan nation, Patruti said at an energy conference today in Bucharest.

Any company that has permits to explore oil and gas in the country may also explore resources of unconventional gas, Patruti said.

--Editor: Douglas Lytle

To contact the reporter on this story: Andra Timu in Bucharest at atimu@bloomberg.net

To contact the editor responsible for this story: James M. Gomez at jagomez@bloomberg.net -0- Oct/27/2011 08:10 GMT


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