KEYFACT Energy
Cadogan Petroleum and Ukrnafta have signed on June 18th, 2020 the two lease contracts’ prolongation for the wells of Blazhiv-3 and Blazhiv-3-Monastyrets. The Company announces the resumption of production from these two wells. The wells were shut down since November 2019.
Ukrnafta is the largest oil company in Ukraine, with 62,3% share of the country’s oil and condensate production. Ukrnafta operate 85 licences and own a fleet of 24 drilling rigs.
KeyFacts Energy: Cadogan Petroleum Ukraine country profile