Does not take much research15 Feb 2018 07:29
To find out.
Production from its Mekhediviska-Golotvshinska (MEX-GOL), Svyrydivske (SV) and Vasyschevskoye (VAS) gas and condensate fields grew from an average of 1,700 barrels of oil equivalent (boepd) per day throughout to 2016 to 2,800 boepd for the next twelve-month block. Now that is a big increase around 65% and what with fixed costs not changing %profit will be even higher.
As if that was not enough Over the same period at the VAS field, daily gas production moved ahead to 87,631 m3/d from the 86,801 m3/d posted in the fourth quarter of the previous year and condensate ticked ahead 0.60 m3/d to 7.0 m3/d.
Oh and In November, AIM-listed Regal entered into an agreement with NJSC Ukrnafta, the partially state-owned oil and gas producer, over its suspended SV-12 well located within its SV license area that would see the well worked over and, if successful, brought back into production with gas and condensate sold set to be sold under an equal net profit sharing agreement between the two.