Privatized company

Following the societal changes of 1989, the Slovakian part of the company separated and the concern was transformed into a Joint Stock Company, with its shares divided between Slovenský plynárenský priemysel, E.ON.Rhugas and KKCG Group. After 1990, the company expanded its operations abroad, namely into the Near East, Northern Africa and countries of the former Soviet Union. The company is primarily engaged in oil and gas exploration and production, development of underground gas storage facilities and the provision of well maintenance and workover services.