Sunday, May 25, 2008

Ukrhazvydobuvannia will draw investors to develop 4 gas deposits

Ukrhazvydobuvannia is planning to draw investors in the development of four natural gas deposits in 2008, the company's first deputy board chairman Borys Syniuk told the International Energy Summit in Kyiv.

He said he implied development of Kobzevske deposit, where it is planned to drill a test hole of 6,300 meters.

The company is also planning to develop Kamyshnianske deposit in Kirovohrad region, where it is planned to drill two wells of 5,660 and 6,130 meters for further prospecting of natural gas and gas condensate reserves.

Ukrhazvydobuvannia is planning to draw investors from Berezivske deposit in Kharkiv region to drill 6,250-meter-deep Test Well #205, and to prospect Vorobievsko-Vidradnenske deposit in Poltava region with an expected resource of 21.7 billion cubic meters of gas.