Vanco will start drilling at Black Sea shelf in 2015
Edited by vadim / 2013-02-28 06:49:22
Vanco Prykerchenska Ltd will start drilling of the first well at the Prykerchenska part of the Black Sea shelf in 2015, the President of the company J. Bown says. They are going to hold 2D seismic exploration in the first year, 3D in the second and to drill 2 wells in the third. Within the coming 8 years the company is going to invest $330 million to exploration and drilling. In the end of December 2012, the Stockholm Arbitration Court approved peaceful agreement between the Ukraine and Vanco.
