Melrose Resources Signs Romanian Concession Agreements

Melrose Resources plc, the oil and gas exploration, development and production company, announces that it has signed the Concession Agreements for two offshore exploration blocks EX-27 (Muridava) and EX-28 (Est Cobalcescu) with the Romanian National Agency of Mineral Resources. The concessions were awarded in the Romanian 10th Licensing Round in June 2010 to Melrose and its partner, Petromar Resources S.A, whose interests in the blocks are 80 percent and 20 percent, respectively. 
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Source: OilVoice