Description
Raffles Energy SRL is a wholly owned subsidiary of Raffles Energy Group, a privately funded independent exploration and production company targeting opportunities primarily in Europe and Mediterranean Rim. Raffles Energy SRL holds a diverse portfolio of onshore gas assets in Romania consisting of existing production (developed reserves), near-term developments (discovered contingent resources to be monetised via gas-to-pipe or gas-to-power solutions) and further exploration potential (undrilled prospective resources). Raffles Energy SRL interests are Bilca Gas Project Area of Block EIII-1 Brodina, Block EIV-1 Suceava and Bacău North Area of Block EIII-4 Bacău.