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Transylvania shale gas unconventional concept play

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Report summary

Though it is too early in the exploration of the Transylvania Basin to be able to estimate recoverable reserves, this play is still a noteworthy unconventional prospect of Eastern Europe.  Romgaz, the state-owned exploration and production company of Romania and largest player in the basin, has kept a keen eye on this unconventional play. In early 2012 the Romanian government effectively introduced a ban on shale gas exploration.  In early 2013, the Romanian government reversed the ban on...

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