The following news item from Ukranian news website has important information:

"drilling operations for oil and gas exploration in the Black Sea shelf"

"It will be the Romanian's first deep wheel"

"The drilling rig will be Deepwater Champion, owned by Transocean, used during the operations off the coast of Turkey"
"It is estimated OMV Petrom, drilling will take about 90 days."
"Initial costs for companies on exploration is estimated at $ 150 million"
"If any sufficient reserves are to be found OMV Petrom and Exxon are willing to invest $ 3 billion to $ 10 billion in development projects."
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