Company Zeta Petroleum PLC

Zeta Petroleum plc is a United Kingdom-based company, which is engaged in oil and gas exploration, development and production. The Company has a portfolio of oil and gas assets, which includes various production, development, appraisal and exploration projects in Romania, including Bobocu Gas Field license, Jimbolia Oil Field license, Suceava Concession license and non-exclusive Prospecting Permits. The Bobocu Gas Field is located to the north of the Buzau valley, approximately 20 kilometers northeast of Buzau and over 110 kilometers northeast of Bucharest. The Jimbolia license is located in eastern part of the Pannonian Basin, approximately 40 kilometers west of Timisoara on the Romanian-Serbian border and covers an area of approximately 23.9 square kilometers. The Suceava concession is located on the Moldovian platform, approximately 370 kilometers north of Bucharest and covers an area of over 2,403 square kilometers.