The Alexandria Block was acquired from Carpathian Energy Companie Petroliera SRL in mid-2020. The Alexandria block, officially known as the Sud Bucharesti II-1 concession, is situated due north of the town of Alexandria in southern Romania. This block contains the Calinesti gas field discovery together with some three additional structures which are a prime exploration targets after the Calinesti gas field development. The Alexandria block also contains the Nenciulesti and Bucescu gas fields, but they are not part of the concession but is instead a separate production licence operated by OMV-Petrom.
The Calinesti gas field was discovered by HEMCO in 2000 with the well Calinesti HR-001. The well tested 1.14mmscfg/d = 30.000m3/d gas from the Albian A-1 sand from a depth of 800m. The Calinesti field is in fact an extension of the producing mature gas field Nenciulesti which is operated by Petrom.
The “Alexandria” block was 100% operated by Carpathian Energy. Lalea Energy purchased Carpathian Energy and by default became the operator of the Alexandria block.
The recoverable gas reserves of the Calinesti field are calculated at 1.128MM m3 gas. (39.8 BCF)
Lalea plans to workover at least one well, the discovery well, and prepare it as a gas producer. Some additional six new wells will be drilled for the full development of the Calinesti field. It is scheduled to start these operations in early 2021.