Emma Capital completed the acquisition of Stratum Energy Romania.

Emma Capital, a Czech investment management company, completed the acquisition of Stratum Energy Romania, a privately-held exploration and production company focused on Romanian assets. Financial terms were not disclosed. Stratum Energy is the largest independent onshore gas producer in Romania. The company holds a 100% operated interest in the Moinesti EV-1 Concession, which includes the Poduri gas-condensate field.