Overgas started looking for interested parties to farm-in to licences Provadia and 1-18 Trakiya in May 2016. The Provadia licence is located in the eastern part of the country while the 1-18 Trakiya licence is situated in southern Bulgaria. The farm-in opportunities are likely to be on hold: according to industry sources Overgas has applied for Force Majeure related to the hydraulic fracturing moratorium imposed in 2012, which would suspend the licence commitments. However, as of 22 June 2020 there had been no response from the Bulgarian Government and as such the licences remain open.   Between 2011 and 2014 Overgas conducted two 2D seismic surveys and one 3D seismic survey totaling respectively 812 km and 55 sq km in the Provadia licence. No fields are situated within the permit area. The last known drilling activity consists of Krivnya 12 which was drilled to a total depth of 2,769 m in the Lower Triassic and abandoned as a dry hole in 1984.  In the 1-18 Trakiya licence, the company drilled the Trakiya 1 exploration well between 2014 and 2015. The hole reached a total depth of 1,717 m bottoming in metamorphic rocks without reaching the targeted Jurassic sediments. It was subsequently re-entered for testing and recovered only gas shows. In late 2012 Overgas conducted a 474 km 2D seismic survey in the permit.     Licences Provadia and 1-18 Trakiya are wholly owned by Overgas Inc AD.
Bulgaria (Moesian Platform) Provadia op. by OVERGAS (100%) Overgas Inc AD Provadia and 1-18 Trakiya - Farm-in opportunity on hold