NEW DRILLING CONTRACT SIGNED WITH EXPERT PETROLEUM

Romanian based Operator Expert Petroleum awarded a four well drilling contract to Tacrom Drilling SRL.

The four wells shall be drilled in the Ticleni field with the newly upgraded (new and improved engine, transmission and draw-works) Cardwell Rig, Futura 5. Mobilization, from Tacrom Drilling base in Moreni, for the expected 2 months project, shall start early April 2017.