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Future Plans
- Ukraine: Five year contracts signed with Saipem SpA for provision of two new, top drive, drilling rigs for the development of the Ukrainian gas fields.
- Ukraine: Preparations underway for the spudding of two wells expected to take place late Q4 2008 using the Saipem rigs.
- Ukraine: Work-over of three wells expected to be completed by Q4 2008.
- Ukraine: Procurement of sophisticated high fidelity reservoir model underway.
- Romania: Complete an appraisal campaign of up to three wells on the Barlad licence RBN4 discovery.
- Romania: Review options to tie in Dornesti Sud-1 gas discovery on Suceava licence to Aurelian production facilities.
- Egypt: Further exploration planned.