Bulgarian overview

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Bulgaria: Gradishte and Kilifarevo Blocks

        Opportunity to Exploit Convenional & Unconventional Resource¹

• Iskander has a 50% working interest in 1,414 km² (circa 350,000 acres) Gradishte block and 15 km² (circa 3,700 acres) Kilifarevo block
• Government granted a 2 year Standstill Agreement on the two licenses (which expire in July 2015) while the moratorium on hydraulic stimulation is in place
• Pipelines run east-west through the block and all have capacity for local production 
• Existing gas and oil fields located immediately to northwest of of Gradishte block
• Bulgaria relies on Russia for almost all its natural gas requirements 

 

       Iskander Licenses in Close Proximity to Acreage Acquired by Super Majors

 

 

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