British company found gas in Koshekhablsky area of Adygeya

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16 July 2010 — 09:18 pm — NatPress
Source: energo-news.ru

British company JKX Oil and Gas which is engaged in prospecting and extraction of hydrocarbons in Russia and the Ukraine, found out additional volumes of the natural gas in a chink drilled on Koshehablsky deposit in Adygeya, the web-site of American newspaper ‘Upstream’ informed.

Chink Well-20 shown stocks of 22,6 million cubic foots (640 thousand cubic meters) of the natural gas a day and 25 barrels of condensate a day.

The evolved extraction on the deposit can improve the economic parameters of the company and its proved stocks, Upstream informed.

JKX Oil and Gas had finished in November, 2007 purchase of Open Company «Yuggazenergy» owning the license on Koshehablsky deposit, from Cyprian investment fund Mostotal Investments Limited. The sum of the deal made 50 million dollars. The company drilled on the deposit 10 chinks.

Koshehablsky deposit was opened in 1972. The proved stocks of the natural gas make 3,2 billion cubic meters.

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