Interview of Sergiy Glazunov, Smart Energy group CEO for the «Oil&Gas of Ukraine»

The well was drilled with the TD at 3570 m and was initially tested at 126 Mcmd of gas and 19 bpd of condensate (761 boepd)

Six of seven blocks in five regions, with a total area of more than 770 sq. km were traded at the electronic auctions

In accordance with the current data, Ukrgasvydobuvannya’s production volume in January-April 2019 reached 5.14 billion cubic meters of natural gas, which is 2.7 % more compared to the same period of 2018

From January through March 2019, PPC increased gas production, proceeded with the well workover and production enhancement programme, completed a new drill and run a 3D seismic acquisition survey

 Today, the Ukrainian government has opened a public tender for Dolphin offshore block under a production sharing agreement (PSA), covering a total area of 9,496 sq. km of the northwestern part of continental shelf of the Black Sea

The Group’s investment plan for 2019 stipulates drilling of 21 new wells