Zeta Petroleum is an independent oil and gas exploration and development company incorporated in 2005, with a regional focus on Eastern Europe. The Company currently holds licenses to projects in Romania via its 100% owned subsidiary companies, Zeta Petroleum (Romania) SRL and Regal Romania SRL. Zeta Petroleum has an experienced local management and technical team based in Bucharest, Romania, which is supplemented by technical management based in the United Kingdom and corporate management based in Australia. This operating structure gives Zeta Petroleum access to international opportunities and financing whilst ensuring it has the intimate local knowledge required to operate successfully in Romania and the Eastern European region. Zeta Petroleum currently has a balanced portfolio of oil and gas assets which includes the following production, development, appraisal and exploration projects in Romania