Business
Auri Inc. ("AURI") Negotiates Oil and Gas Deal in Moldova
Auri Inc. ("AURI") Negotiates Oil and Gas Deal in Moldova.
About this update from Auri, Inc.
[{"type":"text","content":"\r\n\r\n \r\n \r\n Auri Inc. (\"AURI\") Negotiates Oil and Gas Deal in Moldova\r\n \r\n \r\n\r\n\r\nAuri Inc. (\"AURI\") Negotiates Oil and Gas Deal in Moldova\r\n\r\n\r\n\r\n\r\n\r\nDALLAS, TX / ACCESS Newswire / March 27, 2026 / (OTCID:AURI) - Auri Inc., a cutting-edge, growth-driven incubating holding company, continues to advance its business operations by adding new revenue opportunities.\r\n Today, the company announced renewed negotiations with representatives from Moldova regarding oil leases. CEO Edward Vakser recently met with his Moldovan contact in Dallas to further these discussions.\r\n \"I am excited to have another opportunity at the oil and gas lease. Previously, the war and climate in Europe made things difficult; however, today is a different world. I am leveraging my contacts, our interest in the sand quarry (www.moldavahpqs.com), and my ownership in Invest Capital to facilitate negotiations for Auri Inc. and resume its lease agreement. The current political and economic climate is much more favorable to our goals. Sometimes, it pays to be patient and wait. As our president has said, ‘Drill, baby, drill!' and we fully intend to execute on that vision,\" stated Edward Vakser, Chairman and CEO.\r\n The current climate in Europe is encouraging for Auri Inc. and its consulting group. Geographically, Moldova's underground oil reserves extend between Ukraine and Romania, two countries known for having some of the richest oil reserves in Europe.\r\n Importantly, prior to Auri Inc. entering into discussions through a token-based exchange structure, one of the wells in the region produced approximately 10,000 barrels per day. At current market prices, this level of production could be equal to roughly $100,000 in daily revenue.\r\n Auri Inc. is now evaluating the potential to reopen and develop multiple wells within the region. Management believes that several of these wells could match or potentially exceed historical production levels. Based on current pricing, this could translate into $100,000-$200,000 in oil production value every couple of days, highlighting the significant upside potential of the project if successfully executed.\r\n Chairman Edward Vakser and the consulting team are planning a visit to Moldova as soon as the company's new CEO and executive group are formally seated at Auri Inc.\r\n Abou...