Gold Point Energy has agreed a deal with Aurelian Oil & Gas to farm in to a portion of two oil and gas licences comprising 1,480sq km in eastern Bulgaria.GPE has agreed to pay 40% of a 250sq km 3D seismic survey plus 40% of the cost of two shallow test wells to earn a 20% stake in the block.GPE's obligation to pay 40% of the seismic and drilling costs is subject to a cap of US 5m,after which it pays 20% of the costs.
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机译:金点能源(Gold Point Energy)已与Aurelian油气公司达成协议,将在保加利亚东部占地1,480平方公里的两份石油和天然气许可证中的一部分进行耕种; GPE同意支付250平方公里3D地震勘测中的40%以及40%的两个浅探井获得该区块20%股份的成本。GPE承担地震和钻井成本40%的义务的上限为500万美元,之后它将支付该成本的20%。
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