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Hawkley Oil & Gas flowing gas from Ukraine development well  Join our daily free Newsletter

MENAFN - ProactiveInvestors - Australia - 28/11/2012

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(MENAFN - ProactiveInvestors - Australia) Hawkley Oil & Gas (ASX: HOG) is flowing liquids rich gas as it continues to clean up its Ukraine development well that is expected to provide a major boost in production.

Completion fluid has been cleaned out from the Sorochynska-202 well though the continued build-up of wellhead pressure indicates the well is still cleaning up at present.

Once pressure has stabilised, the company's technical team will be able to measure the condensate content and the stabilised flow rates can be reported.

Information on which horizons the gas and condensate is flowing from will also be established then.

Hawkley had perforated the Upper B18, the Lower B18 and the Upper B19 horizons at Sorochynska-202, which was drilled to provide an additional production location for the Upper B18 sand.

While reservoir development of the Upper B18 appears to be slightly less than prognosed at this location, it is mitigated by the improved development of the Lower B18 with the total pay in both B18 sands being close to expectation.

Sorochynska 202 could double Hawkley's production from the Sorochynska field.

 






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