Zeta Petroleum Limited (Zeta), the operator and 50 percent working interest holder has started the drilling of the Jimbolia-1ST well re-entry on the Jimbolia concession in Romania, according to Business Wire.
The objective of the Jimbolia-1ST well re-entry is to evaluate the economic oil production potential of the lower Pliocene VIII reservoir.
The drilling operation is estimated to take about one month to complete. The Jimbolia concession lies in the Pannonian basin and is located approximately 40 km west of Timisoara and covers an area of 23.9 square km.
Zeta is 50 percent partner on this concession along with Armax Gaz, a private Romanian company specialized in installing and maintaining oil and gas equipments.