"The well is planned to spud in the middle of 2013 and to take approximately 60 to days to drill and run electric logs, with production casing and testing programmes to follow.
Current Ukraine gas prices stand between US$11- 12 per mcf. Gas which is produced can be tied into local infrastructure with a relatively short connecting pipeline, with nearby processing facilities having ample spare capacity. "
That is the official line. I understand from the company they are trying for a June spud.
AWD Price at posting:
1.1¢ Sentiment: Buy Disclosure: Held
