logo-loader
EnergyOil & Gas
Hawkley Oil & Gas

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

au_ukraine_map350.jpg

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.

 

Proactive Investors is a market leader in the investment news space, providing ASX “Small and Mid-cap” company news, research reports, StockTube videos and One2One Investor Forums.

Quick facts: Hawkley Oil & Gas

Price: $0.00

Market: ASX
Market Cap: $994.23 k
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Full interview: CB2 Insights licenses electronic data capture software to UK...

CB2 Insights (CSE:CBII-OTCQB: CBIIF) CEO Prad Sekar joined Steve Darling from Proactive Vancouver to discuss the company doing a deal with MYACCESS Clinics. This will allow CB2’s software to capture comprehensive data sets related to patient health and treatment histories and manage ongoing...

12 hours, 22 minutes ago

2 min read