Hunt Oil discovered oil and gas with the Ulmu 1 NFW, with testing due to follow as of early March 2018. It was drilled to 3,698m TD in the VIII Urziceni Est exploration concession on the Moesian Platform, SE Romania. It was scheduled to spud during October 2017 with a PTVD of 3,700m MD, to target the Mesozoic and Palaeozoic. Ulmu lies approximately 6km ESE of the Padina Nord 1 gas condensate discovery, drilled to a TD of 2,640m in 2014. The Ulmu 1 location was covered by a 260 sq km 3D seismic survey over the Padina area during early May 2015. In December 2016, the Hunt/OMV Petrom joint venture (JV) commenced experimental oil and gas production from the Padina North 1 discovery at a rate of 1,900 boe/d. VIII Urziceni Est  partners are Hunt Oil Company of Romania Srl (50% + Op) and OMV Petrom SA (50%). 
Ulmu 1 op. by Hunt (50%, Petrom 50%) in VIII Urziceni Est (6km ESE of the Padina Nord 1 g&cond disc.), o&g disc.