Drilling Update (1321E)
April 01 2011 - 6:47AM
UK Regulatory
TIDMUEN
RNS Number : 1321E
Urals Energy Public Company Limited
01 April 2011
1 April 2011
Urals Energy Public Company Limited
('Urals Energy' or the 'Company')
Drilling Update
Urals Energy, the independent exploration and production company
with operations in Russia, today announces that Well #51 on the
Petrosakh field has been successfully spudded.
As part of the Company's updated drilling strategy to capture
the full potential of the Petrosakh field, Well #51 is a large
diameter vertical well designed to maximise flow rates.
The Directors expect production to begin before the end of May
and further announcements will be made at the appropriate time.
Enquiries:
Urals Energy Public Company Limited +7 495 795 03 00
------------------------------------- --------------------
Alexei Maximov
------------------------------------- --------------------
Grigory Kazakov
------------------------------------- --------------------
Allenby Capital Limited +44 (0)20 3328 5656
------------------------------------- --------------------
Nick Naylor
Alex Price
------------------------------------- --------------------
Pelham Bell Pottinger +44 (0)20 7861 3232
------------------------------------- --------------------
Mark Antelme
------------------------------------- --------------------
Jenny Renton
------------------------------------- --------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
DRLUASRRAVASRAR
Urals Energy (LSE:UEN)
Historical Stock Chart
From Jun 2024 to Jul 2024
Urals Energy (LSE:UEN)
Historical Stock Chart
From Jul 2023 to Jul 2024