A British company began oil production in Lviv region

Британская компания начала добычу нефти во Львовской области

Production resumed on the two old wells.

Oil and gas company Cadogan Petroleum plc, which has assets in Ukraine, has resumed production at two existing wells under the PSA with Ukrnafta on Monastyretskiy square (Lviv region).

As announced by the company on the website of the London stock exchange, these wells during the natural flow of oil produces about 30 barrels per day – in the future they intend to install pumping equipment.

We will remind, earlier Cadogan Petroleum did not renew the special permit for Sloboda-Rogerscom field. Also, the state service of Geology and mineral resources has suspended permits for subsoil use in holubivs’ke (Dnipropetrovsk region), Yur’ivs’ke (Dnipropetrovsk region) and Lopushne (Chernihiv region) deposits.