Cadogan Petroleum encounters gas in Borynya-3 well in Ukraine
11 July 2008
Cadogan Petroleum (CAD LN: N/R), an LSE-listed oil and natural gas producer operating in Ukraine, announced today that it encountered unexpected gas flow at its Borynya-3 well, which supports the management’s view that the principal targets will be hydrocarbon charged. Cadogan also said that it reached its target depths in Pirkovskoye-1 (5,630 meters).
