Description
The company was funded in 1958, as a transport company, with departments of processing into splintering and fixing the mineral oil's equipment, having a pipe control plant activity. The transport activity has begin in 1995 with the fondation of Drilling Offive Nr. 3 Bascov.Measured by the drilling's extention and the rock oil's extraction from Muntenia-West area, as part of the company are funded new sections and departments of transport and labour conscriptions with construction tools.
From 1991,in the base H.G. 1361/1990, the society is organised as Publicly Held Corporation, at present practising its atributions provided by the Low no.31/1990 republished regarding Commercial Societies.