Regal Petroleum has updated on its operational activities at its 100% owned and operated Mekhediviska-Golotvshinska (MEX-GOL) and Svyrydivske (SV) gas and condensate fields in Ukraine.
Its Ukrainian gas and condensate production for the period from Jan. 1 to Jun. 4 averaged 200,166 m3/d of gas and 44 m3/d of condensate (1,526 boepd in aggregate). The Company continues to benefit from the relatively strong gas prices in Ukraine. The MEX-105 well was drilled to a depth of 5,228 metres, completed and has undergone initial testing. Stimulation activities are scheduled to be undertaken within the next month.
