PPC is the first gas producing company in Ukraine that voluntarily disclosed such data

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)

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

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

Gas production for Q1 of 2019 amounted to 166 million m3, which is 50% more than in Q1 of 2018 and 74% more than in the same period of 2017

Smart Energy Group achieved its important strategic objective – 1 million m3 of daily gas production