Enhancing Shareholder Value
Increase oil and gas production through the efficient allocation of capital.
Pioneering a Path to Success in Romania
Moftinu is the first new discovery in the Satu Mare area in decades. It provides a template for repeatable successes in the region.
Long Reserves Life in Tunisia
Production from the Company’s core producing asset in Tunisia can be easily sustained or grown over the next several years by investing in low-risk and high-value investments in existing wells and facilities.
Through our large and extensive land base, the Company has identified a significant future opportunity set that provides growth beyond our existing production and development projects.
Executive Salary and Director Remuneration Reductions Extended
Deferral of EBRD Debt Repayment
Issuance of Stock Options
Romania Gas Plant
Corporate Presentation, April 2020