Enwell Energy PLC Spud of SV-31 Well (7728M)
23 Septiembre 2021 - 04:51AM
UK Regulatory
TIDMRPT
RNS Number : 7728M
Enwell Energy PLC
23 September 2021
23 September 2021
Enwell Energy plc
("Enwell" or the "Company")
Spud of SV-31 Well
Enwell Energy plc (AIM: ENW), the AIM-quoted oil and gas
exploration and production group, is pleased to announce the
spudding of the SV-31 well at its Svyrydivske (SV) gas and
condensate field in Ukraine.
The SV-31 well has now been spudded and has a target depth of
5,250 metres. Drilling operations are scheduled to be completed by
the end of the first quarter of 2022, and, subject to successful
testing, production hook-up is scheduled during the second quarter
of 2022. The well is a development well, targeting production from
the V-21 and V-22 horizons in the Visean formation, which have
demonstrated good productivity in an existing nearby well.
Sergii Glazunov, Chief Executive Officer, said: " We are looking
forward to the safe and efficient drilling of the SV-31 well, which
we hope will continue our successes in the development of our
fields."
This announcement contains inside information for the purposes
of Article 7 of EU Regulation 596/2014, which forms part of United
Kingdom domestic law by virtue of the European Union (Withdrawal)
Act 2018.
For further information, please contact:
Regal Petroleum plc Tel: 020 3427 3550
Chris Hopkinson, Chairman
Sergii Glazunov, Chief Executive Officer
Bruce Burrows, Finance Director
Strand Hanson Limited Tel: 020 7409 3494
Rory Murphy / Matthew Chandler
Arden Partners plc Tel: 020 7614 5900
Ruari McGirr / Elliot Mustoe (Corporate
Finance)
Simon Johnson (Corporate Broking)
Citigate Dewe Rogerson Tel: 020 7638 9571
Elizabeth Kittle
Dmitry Sazonenko, MSc Geology, MSc Petroleum Engineering, Member
of AAPG, SPE and EAGE, Director of the Company, has reviewed and
approved the technical information contained within this press
release in his capacity as a qualified person, as required under
the AIM Rules.
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END
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