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KUB-Gas to initiate hydraulic fracturing at Olgovskoye field

KUB-Gas to initiate hydraulic fracturing at Olgovskoye field

26 October 2011

KUB-Gas LLC, a Ukrainian subsidiary of Kulczyk Oil (WSE: KOV PW, N/R), plans to initiate hydraulic fracturing technology at its O-6 and O-8 wells on the Olgovskoye field in late October, the company announced yesterday. The company expects to increase production from currently producing zones and enable KUB-Gas to obtain production from zones that will not produce conventionally.

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