Board's Resolutions on Neptun Deep Project

S.N.G.N. Romgaz S.A.

21 June 2023

 

CURRENT REPORT

In compliance with Law no. 24/2017 regarding Issuers of Financial Instruments and  Market Operations  and A.S.F. Regulation no. 5/2018

Report date: July 21, 2023

Company name: Societatea Nationala de Gaze Naturale ROMGAZ S.A.

Address: Medias, 4 Constantin I. Motas Square, Sibiu County - Romania, 551130

Phone/fax no: 004-0374-401020 / 004-0269-846901

Fiscal Code: RO14056826

LEI Code: 2549009R7KJ38D9RW354

Trade Register registration number: J32/392/2001

Subscribed and paid in share capital: 385,422,400 RON

Regulated market where the issued securities are traded: Bucharest Stock Exchange (BVB), London Stock Exchange (LSE)

Significant event to be reported:

·    Resolution of Societatea Nationala de Gaze Naturale ROMGAZ S.A. Board of Directors regarding Neptun Deep Project

During the meeting of June 20, 2023, S.N.G.N. ROMGAZ S.A. Board of Directors consented to be approved by the ROMGAZ BLACK SEA LIMITED Sole Partner in connection with ROMGAZ BLACK SEA LIMITED approval under the XIX Neptun Deep JOA, of the following:

a)   Domino Structure Development Plan (geological resources and oil reserves assessment study);

b)  Pelican South Structure Development Plan (geological resources and oil reserves assessment study);  

c)   submission of the development plans mentioned at items a) and b) above to the National Agency for Mineral Resources.

Chief Executive Officer,

Razvan POPESCU

 

END