Black Sea Oil & Gas receives approval from the Romanian Government for the field development plan for new gas fields

Black Sea Oil & Gas SRL (“BSOG”) together with its co-venture partners, Petro Ventures Resources SRL (“Petro Ventures”) and Gas Plus International B.V. (“Gas Plus”) announced that they have now received the approval from the Romanian Government through the National Agency for Mineral Resources (“NAMR”) for their Field Development Plan (“FDP”) for the development of the Ana and Doina natural gas fields which make up the Midia Gas Development Project (“MGD Project”), offshore Black Sea.