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| Name | Symbol | Market | Type |
|---|---|---|---|
| Omv Ag Bearer (PK) | USOTC:OMVKY | OTCMarkets | Depository Receipt |
| Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.0695 | -0.59% | 11.77 | 11.76 | 12.00 | 12.00 | 11.77 | 12.00 | 4,215 | 21:00:29 |
From May 2019 to May 2024
By Carlo Martuscelli
Romania's OMV Petrom SA (SNP.RO) said Tuesday that it has begun experimental production at a gas well near the already-producing Totea field in the country.
The Bucharest-listed company said the drilling of the Totea 4461 well started in January 2018. It was then tested April this year, and has since begun experimental production to test its potential.
The total invested in the new well amounts to about 50 million euros ($54.9 million), Petrom said. Another EUR200 million was spent on the gas infrastructure in the Totea area.
Petrom is majority owned by Austrian energy company OMV AG (OMV.VI).
Write to Carlo Martuscelli at carlo.martuscelli@dowjones.com
(END) Dow Jones Newswires
October 08, 2019 09:21 ET (13:21 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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