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Mazarine Energy Awarded Douiret License

Tunisia • 22-12-2017

Mazarine Energy and ETAP applied for Douiret Prospection permit by August 2016 which was awarded on 22 December 2017 for the duration of 2 years validity. The percentage of participation are divided equally between the two Parties. The obligations for this license consist of shooting seismic worth USD 2.5 Million within the two years of the prospecting permit duration, the reprocessing of legacy 2D seismic (~1000 km) and G&G Studies.

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Tunisia • 07-05-2019
Mazarine Energy and ETAP Discover Oil in Sidi Marzoug-1 Well

Mazarine Energy B.V. (“Mazarine” or “the Company”) is pleased to announce that its subsidiary, Mazarine Energy Tunisia B.V., and partner ETAP (Entreprise Tunisienne d’Activités Pétrolières) have discovered oil-bearing reservoir in exploration well Sidi Marzoug-1 (‘SMG-1’) in the 4012 km2 Zaafrane permit in Central Tunisia.

Romania • 01-03-2019
The Transfer of Nine Additional Fields has been completed

Mazarine Energy Romania S.R.L., a fully owned subsidiary of Mazarine Energy B.V. (Mazarine Energy), completed the transfer of nine onshore oil and gas fields in Romania from OMV Petrom S.A. (OMV Petrom) .

Romania • 01-03-2019
The Transfer of Nine Additional Fields has been completed

Mazarine Energy Romania S.R.L., a fully owned subsidiary of Mazarine Energy B.V. (Mazarine Energy), completed the transfer of nine onshore oil and gas fields in Romania from OMV Petrom S.A. (OMV Petrom) .

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