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Enwell Energy Spuds SV-25 Well in Ukraine

16/07/2020

Enwell Energy, the AIM-quoted oil and gas exploration and production group, is pleased to announce the spudding of the SV-25 well at its 100% owned and operated Svyrydivske (SV) gas and condensate field in Ukraine.

The well has a target depth of 5,320 metres, with drilling operations scheduled to be completed by the end of the first quarter of 2021, and, subject to successful testing, production hook-up during the second quarter of 2021. The well is an appraisal well, with its primary targets being the B-20, B-22 and B-23 horizons in the Visean formation.

Sergii Glazunov, Chief Executive Officer, said: 
"We are looking forward to the safe and efficient drilling of the SV-25 well, which we hope will continue our success in the development of our fields."

KeyFacts Energy: Enwell Energy Ukraine country profile

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