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Hawkley Oil & Gas observes early signs of gas at Ukraine development well

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Hawkley Oil & Gas (ASX: HOG) has encountered signs of gas at the primary target reservoir at its Ukraine development well, in line with its expectations.

Elevated background gas levels were recorded in the Sorochynska-202 while drilling through the primary Upper B18 reservoir as well as the Lower B18, indicating gas saturated reservoir.

The Upper B18 was intersected close to prognosis between 4039 metres and 4049 metres while several thinner sands that make up the Lower B18 were intersected between 4064 metres and 4081 metres.

These shows will be confirmed by logging operations once the well reaches its total depth of about 4265 metres.

Hawkley will now drill the well to the coring point in the B19 reservoir and take a core.

Sorochynska-202 is being drilled to provide an additional drainage point for the main B18 reservoir in the Sorochynska field as well as appraise the deeper B19 reservoir which flowed gas on test in Sorochynska-469.

Success could double Hawkley’s production from the Sorochynska field.

 

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