Chevron to start the exploration of shale gas at Pungesti in two weeks time

Officials of US company Chevron said the company would start the effective exploration of share gas deposits in Vaslui-based region at Pungesti within two weeks. The drilling process will take three months.

2014-04-08 20:01:00

According to representatives of the company, Chevron plans to exclusively run exploring operations at the site, following the permits obtained at the beginning of October. In October, representatives of US integrated energy giant Chevron announced that the company decided to suspend the shale gas exploration started at Silistea, Pungesti village located in Vaslui county.

The decision came following the anti-fracking protests that took place in the latest days in the village located in North-Eastern Romania. A statement issued by the company stated in the same month that "Chevron can confirm that it has suspended activities in the mentioned location. "Our priority is to conduct activities in a safe and environmentally responsible manner consistent with the permits under which we operate," the company release reads.

In October 2013, the US company announced it intended to start the exploration to the fourth concessioned areas in Western and Eastern Vaslui, starting with Silistea village. The costs of exploration have been estimated at 3 million lei within a timeline of four months. Chevron holds another three certificates in the Vaslui urban exploration to identify potential reserves of shale gas.