Exploration & Production | Drilling & Completions | Top Story
Cub's M-17 Well Reaches New Gas Pool; O-24 Well Hits Three Zones
Print
|
Cub Energy Inc. has reported that the Makeevskoye-17 exploration well has been cased to total depth of 3,445 meters. The Olgovskoye-24 well has also produced gas during a test, and will be added to the inventory of wells to be stimulated in 2014.
The operator, KUB-Gas LLC is now preparing to complete, test and tie in M-17. KUB-Gas is a partially-owned subsidiary in which Cub has a 30% effective ownership interest through its 30% shareholding of KUBGas Holdings Limited.
Mikhail Afendikov, Chairman and Chief Executive Officer of Cub said - "Despite the current political climate in Ukraine, our operations have not been affected and we continue our work program for 2014. With the success we have had in this S6 zone, we plan further development of this Serpukhovian discovery with two…
- ✓ Full news archive — U.S., Canada & international coverage
- ✓ A&D transactions — asset deals, corporate M&A, assets for sale
- ✓ Permits & completions data, plus 900,000+ slides & presentations