Hawkley Oil & Gas reports positive results from Sorochynska development well
Hawkley Oil & Gas has provided an update on production, sales and exploration/development activities in Ukraine.
CUB ENERGY INC. COMMENCES DRILLING OF KRUTOGOROVSKOYE-7 WELL
Cub Energy Inc. (“Cub”, or the “Company”) (TSX Venture Exchange: KUB), announces it has commenced drilling of the Krutogorovskoye-7 (“K-7”) well. The well is operated by KUB-Gas LLC (“KUB-Gas”), a subsidiary in which Cub has a 30% ownership interest and is part of the Company’s accelerated 2012 drilling program.
Cub Energy sees $2.4 m in net profit in H1, 2012
Cub Energy Inc. with assets in Ukraine in January-June 2012 saw $2.372 million in net profit, while year-over-year the company saw a $0.212 million net loss, reads a report of Cub Energy posted on its Web site.
Kulczyk Oil Ventures Makeevskoye-20 well tests 5.3 mmcf/
Kulczyk Oil Ventures has reported that the Makeevskoye-20 (M-20) well has tested gas at a rate of 5.3 million cubic feet per day (MMcf/d). The Company has also provided an update on testing of the North Makeevskoye-1 (NM-1) well and activity on the North Makeevskoye License, on the drilling of the Makeevskoye-16 (M-16) well and current production from its properties in Ukraine. M-20, NM-1 and M-16, and the producing wells, are operated by KUB-Gas, a partially-owned subsidiary in which KOV has a 70% effective ownership interest.
Cadogan Petroleum announces its unaudited results for the six months ended 30 June 2012.
Cadogan Petroleum plc ("Cadogan" or the "Company"), an independent oil and gas exploration, development and production company with onshore gas, condensate and oil assets in Ukraine, announces its unaudited results for the six months ended 30 June 2012.
Vitol announces agreement to develop oil and gas fields in Ukraine with EastOn
The Vitol Group announces the signature of agreements under which Arawak Energy Ukraine BV, a subsidiary of Vitol, and Geo Alliance, a company under EastOne’s mandate, have become partners in Ukraine.
Kulczyk Oil ups sales 4x in 1H12, aims for AIM listing by end-2012
Kulczyk Oil Ventures (KOV PW) boosted its average gas and condensate production 3.3x yoy to 14,913 mcf/d in 1H12, the company reported yesterday...
Kulczyk Oil converts USD 23.5 mln bonds into 12.6% of equity
JKX Oil & Gas Reports weak 1H12 results
JKX LN (JKX LN) has announced half year results this morning. Group production averaged 7,481 boepd in H1, down from 9,476 boepd in the corresponding period of 2011, due to field declines in Ukraine / Hungary as well as delays in the build-up of Russian production.
Ukrnafta — Gets permission to sell 0.27 bcm of gas to industrial consumers
The government permitted Ukrnafta, Ukraine’s largest oil producer, to sell 0.27 bcm of gas to industrial customers this year.